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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 48 E Kitty Hawk St, Richmond, TX, 77406 listed at $999,000 pairs $5,428/mo rent with a $4,890/mo payment. Total monthly income runs $5,428/mo. Return on cash invested measures 13.3% in year one, and rental yield registers 6.52% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 68.82% and total cumulative return in cash totals $226,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,428/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
1.77 Acres lot
$N/A/sqft
$2,104 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 |
|---|---|---|
| 2025-01-01 | Price change | $999,000 |
| 2024-12-14 | Price change | $1,050,000 |
| 2024-10-11 | Price change | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $814,512 | 10.00% |
| 2023-02-13 | $3887.13 | -42.46% | $740,465 | 10.00% |
| 2022-02-13 | $6756.02 | 3.94% | $673,150 | 10.00% |
Listed by: Rusty Shannon • Patti Shannon Properties
Mls Name: HAR
Mls Provider:
Mls ID: #84372425
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