4606 Snowdrop CtRichmondTX77469
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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 4606 Snowdrop Ct, Richmond, TX, 77469 generates $2,076/mo in rent and, after a $1,160/mo payment, leaves $360/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $4,318/yr on $78,566 invested. Return on cash invested sits at 25.4% in year one, and rental yield is 10.51% on a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash sums $105,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
6,159 sqft lot
$N/A/sqft
$370 annually 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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Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #73679038
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