3618 Apple Point PlRichmondTX77406
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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 3618 Apple Point Pl, Richmond, TX, 77406 with 5% annual appreciation on a $850,000 basis while $5,078/mo rent supports operations. 49% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 7.17%. Five-year ROI measures 80.46% and total cumulative return in cash totals $224,998. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,078/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.38 Acres lot
$N/A/sqft
$1,200 annually HOA
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
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Listed by: Lisa Young • C.R.Realty
Mls Name: HAR
Mls Provider:
Mls ID: #15866018
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