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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 603 Brazos Trace Dr, Richmond, TX, 77469 priced at $349,900 converts $2,436/mo rent into after a $1,713/mo obligation. Total monthly income equals $2,436/mo. Return on cash invested prints 18.28% in year one, and rental yield reads 8.35% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 95.72% and total cumulative return in cash sums $111,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,436/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,827 sqft lot
$N/A/sqft
$1,258 annually 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 |
|---|---|---|
| 2025-05-04 | Listed for sale | $349,900 |
| 2014-05-07 | Sold | N/A |
| 2014-03-18 | Pending sale | $144,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-12 | $4326.13 | 76.97% | $275,743 | 15.12% |
| 2023-07-12 | $2444.61 | -18.34% | $239,536 | 10.00% |
| 2022-07-12 | $2993.80 | 4.49% | $217,760 | 10.00% |
Listed by: Demetri Moore • Demi Moore Properties
Mls Name: HAR
Mls Provider:
Mls ID: #35534216
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