515 Pearlstone CtRichmondTX77406
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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 515 Pearlstone Ct, Richmond, TX, 77406 with 5% annual appreciation on a $442,700 basis while $3,468/mo rent supports operations. Total monthly income totals $3,468/mo and a $2,167/mo payment preserves $262/mo for cash returns. Annual cash flow comes to $3,140/yr on $146,755 deployed, and return on cash invested reaches 22.05% in year one. Equity gained on principal adds $2,857/yr, and five-year appreciation sums $122,310 alongside rental yield of 9.4%. Five-year ROI measures 115.7% and total cumulative return in cash totals $169,794.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,468/mo property income versus a $2,167/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
8,258 sqft lot
$N/A/sqft
$58 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
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