3428 Nourish LnRichmondTX77406
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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
Investment property for sale in Richmond at 3428 Nourish Ln, Richmond, TX, 77406 at $400,000 posts ROI 28.72% with $974/mo cash flow from $3,960/mo rent. Total monthly income equals $3,960/mo, and annual cash flow records $11,684/yr on $132,600 to close. Return on cash invested measures 28.72% and rental yield reads 11.88% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 151.78% and total cumulative return in cash totals $201,256.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
3,598 sqft lot
$N/A/sqft
$1,700 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Price change | $400,000 |
| 2025-09-15 | Price change | $425,000 |
| 2025-06-10 | Price change | $450,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-12-14 | N/A | N/A | $45,500 | 16.67% |
| 2024-12-14 | $549.47 | N/A | $39,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2025
- Architectural Style: Traditional
- Building Area: 2,230
- Living Area: 2,230 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Ceiling Fan(s), Electric
- Flooring: Carpet, Tile, Vinyl
- Interior Features: High Ceilings, Primary Bed - 1st Floor
- Exterior Features: Sprinkler System
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $1,700 annually
- Association Fee: $1,700 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Water District
- Road Surface Type: N/A
School Information
- Elementary School: Neill Elementary School
- Middle School: Bowie Middle School (Fort Bend)
- High School: Travis High School (Fort Bend)
Listed by: Dina Verteramo • Highland Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #21692270
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