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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3507 Timothy Ln, Richmond, TX, 77406 offers a 9.36% rental yield on a $339,000 purchase with $2,645/mo rent. Total monthly income registers $2,645/mo, and a $1,659/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,465/yr on $112,379 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 115.95% and total cumulative return in cash at $130,300. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,645/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6,486 sqft lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2025-02-05 | Listing removed | $2,250 |
| 2025-01-17 | Price change | $339,000 |
| 2024-12-24 | Listed for rent | $2,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $265,818 | -10.12% |
| 2023-02-13 | $4223.60 | -1.91% | $295,750 | 8.92% |
| 2022-02-13 | $4305.93 | 29.63% | $271,530 | 35.93% |
Listed by: Kimberly Hollas • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #88369496
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