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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 6011 Baldwin Elm St, Richmond, TX, 77407 generates $2,688/mo in rent and, after a $1,459/mo payment, leaves $568/mo in cash flow. Total monthly income is $2,688/mo, and annual cash flow is $6,821/yr on $98,787 invested. Return on cash invested sits at 26.81% in year one, and rental yield is 10.82% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 141.1% and total cumulative return in cash sums $139,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,688/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
5,401 sqft lot
$N/A/sqft
No HOA
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: Jimmy Franklin • eXp Realty LLC
Mls Name: HAR
Mls ID: #31332626
