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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% |
Investment property for sale in Richmond at 631 Saguaro Way, Richmond, TX, 77469 uses $101,108 cash to close to unlock $1,079/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $2,424/mo, and a $1,493/mo payment keeps the spread at $90/mo. Purchase price stands at $305,000, and rental yield measures 9.54% with $2,424/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash records $111,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,424/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,886 sqft lot
$N/A/sqft
$495 quarterly 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 |
|---|---|---|
| 2024-12-10 | Price change | $305,000 |
| 2024-11-23 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $292,034 | 10.00% |
| 2023-12-27 | $1364.23 | -51.22% | $265,485 | 10.00% |
| 2022-12-27 | $2796.55 | 6.24% | $241,350 | 10.00% |
Listed by: Roberto Villagomez • RE/MAX Compass
Mls Name: HAR
Mls Provider:
Mls ID: #40280997
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