338 Arbor Ranch CirRichmondTX77469
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Richmond at 338 Arbor Ranch Cir, Richmond, TX, 77469 priced at $730,000 converts $5,172/mo rent into after a $3,573/mo obligation. Total monthly income equals $5,172/mo. Return on cash invested prints 19.96% in year one, and rental yield reads 8.5% against a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation compiles into $201,686 by year five. Five-year ROI reaches 104.32% and total cumulative return in cash sums $250,538. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,172/mo property income covering a $3,573/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Housing Distribution
Address Breakdown
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
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