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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% |
Rental property for sale in Richmond at 4918 Alder Bend Ln, Richmond, TX, 77469 offers $2,875/mo rent that, after a $1,544/mo payment, leaves $604/mo cash flow. Total monthly income is $2,875/mo, and annual cash flow is $7,250/yr on $104,588 cash. Return on cash invested measures 26.84% in year one, and rental yield stands at 10.94% at a $315,500 entry. Equity gained on principal adds $2,036/yr while 5% annual appreciation compounds into $87,167 by year five. Five-year ROI records 141.38% and total cumulative return in cash reaches $147,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,875/mo property income versus a $1,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
7,521 sqft lot
$N/A/sqft
$330 annually 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 |
|---|---|---|
| 2024-11-14 | Price change | $315,500 |
| 2024-10-21 | Price change | $319,500 |
| 2024-09-17 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $303,524 | 7.16% |
| 2023-12-27 | $3901.79 | -52.78% | $283,240 | -3.57% |
| 2022-12-27 | $8263.22 | 32.94% | $293,730 | 33.01% |
Listed by: Kadijah Davis • United Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #31914094
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