








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 Cypress Creek Ln, Richmond, TX, 77469 offers $4,163/mo rent that, after a $2,838/mo payment. Total monthly income is $4,163/mo. Return on cash invested measures 19.84% in year one, and rental yield stands at 8.61% at a $579,900 entry. Equity gained on principal adds $3,742/yr while 5% annual appreciation compounds into $160,216 by year five. Five-year ROI records 103.83% and total cumulative return in cash reaches $198,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,163/mo property income versus a $2,838/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
$900 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $579,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $6689.22 | 10.56% | $527,863 | 10.00% |
| 2023-06-07 | $6050.45 | -6.86% | $479,875 | 10.00% |
| 2022-06-07 | $6496.12 | 7.34% | $436,250 | 10.00% |



Listed by: Morad Fiki • Future Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #86620664
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