5942 Sagamore Bay LnRichmondTX77469
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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 5942 Sagamore Bay Ln, Richmond, TX, 77469 listed at $1,098,000 pairs $3,706/mo rent with a $5,374/mo payment. Total monthly income runs $3,706/mo. Return on cash invested measures 6.53% in year one, and rental yield registers 4.05% at a $1,098,000 basis. Equity gained on principal adds $7,085/yr, and annual property appreciation at 5% supports $303,357 by year five. Five-year ROI tracks 32.27% and total cumulative return in cash totals $114,796. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,706/mo property income relative to a $5,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.21 Acres lot
$N/A/sqft
No 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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