








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Richmond at 3345 City Heart Ave, Richmond, TX, 77406 offers a 10.17% rental yield on a $467,080 purchase with $3,960/mo rent. Total monthly income registers $3,960/mo, and a $2,286/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,964/yr on $154,837 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $3,014/yr while 5% annual appreciation supports $129,046 over five years. Portfolio math shows five-year ROI at 125.1% and total cumulative return in cash at $193,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $2,286/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,780 sqft lot
$N/A/sqft
$1,700 annually HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Price change | $467,080 |
| 2025-03-28 | Listed for sale | $466,380 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Radiant Attic Barrier
Listed by: Ben Caballero • Highland Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #28665222
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