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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 431 Saguaro Way, Richmond, TX, 77469 offers a 9.61% rental yield on a $305,000 purchase with $2,443/mo rent. Total monthly income registers $2,443/mo, and a $1,493/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,207/yr on $101,108 to close, and return on cash invested stands at 21.1% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 111.22% and total cumulative return in cash at $112,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,443/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
6,398 sqft lot
$N/A/sqft
$520 quarterly HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| 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 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $315,387 | 1.11% |
| 2023-12-27 | $4953.57 | 4.95% | $311,918 | 11.89% |
| 2022-12-27 | $4719.97 | 25.25% | $278,760 | 25.37% |
What's Special
Radiant Attic Barrier
Listed by: Stella Lee - Cordova • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #41071050
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