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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 5637 Hand Rd, Richmond, TX, 77469 earns from $2,738/mo rent with a $4,283/mo payment. Total monthly income totals $2,738/mo. ROI tracks 5.53% on current figures, and rental yield reads 3.75% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 26.95% and total cumulative return in cash sums $77,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,738/mo property income instead of your personal income.
Single Family
Built in 2002
5 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vicki Miller • RE/MAX Opportunities
Mls Name: HAR
Mls ID: #76526649
