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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 6203 Waterwalk Ct, Richmond, TX, 77469 generates $4,828/mo in rent, after a $4,160/mo payment. Total monthly income is $4,828/mo. Return on cash invested sits at 14.37% in year one, and rental yield is 6.82% on a $849,990 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,837 over five years. Five-year ROI reaches 74.49% and total cumulative return in cash sums $208,302. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,828/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.12 Acres lot
$N/A/sqft
$1,319 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $849,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $5006.11 | 2.38% | $592,961 | 10.00% |
| 2023-04-22 | $4889.97 | -27.20% | $539,055 | 10.00% |
| 2022-04-22 | $6717.32 | 7.32% | $490,050 | 10.00% |
What's Special
Radiant Attic Barrier
Listed by: Bret Wallace • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #39297285
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