518 Tara Plantation DrRichmondTX77469
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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 518 Tara Plantation Dr, Richmond, TX, 77469 earns $359/mo cash flow from $2,224/mo rent with a $1,272/mo payment. Total monthly income totals $2,224/mo, and annual cash flow totals $4,311/yr on $86,150 capital. ROI tracks 24.91% on current figures, and rental yield reads 10.27% at a $259,880 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,800 over five years. Five-year ROI reaches 131.01% and total cumulative return in cash sums $112,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,224/mo property income instead of your personal income.
Single Family
Built in 1982
6,616 sqft lot
$N/A/sqft
$200 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: Yvonne Cazares • Monarch & Co
Mls Name: HAR
Mls Provider:
Mls ID: #18975861
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