4710 Palm Park LnRichmondTX77469
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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 4710 Palm Park Ln, Richmond, TX, 77469 earns $545/mo cash flow from $2,216/mo rent with a $1,076/mo payment. Total monthly income totals $2,216/mo, and annual cash flow totals $6,546/yr on $72,897 capital. ROI tracks 28.89% on current figures, and rental yield reads 12.09% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash sums $111,448. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,216/mo property income instead of your personal income.
Single Family
Built in 2011
6,152 sqft lot
$N/A/sqft
$25 monthly 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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