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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 6911 Glennwick Grove Ln, Richmond, TX, 77469 offers a 8.03% rental yield on a $466,052 purchase with $3,120/mo rent. 8% in year one. Equity gained on principal adds $3,007/yr while 5% annual appreciation supports $128,762 over five years. Portfolio math shows five-year ROI at 92.96% and total cumulative return in cash at $143,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,281/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$925 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 |
|---|---|---|
| 2025-02-13 | Price change | $466,052 |
| 2025-02-05 | Price change | $444,052 |
| 2025-01-17 | Price change | $439,762 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Olga M. Garza • Nan & Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #67072748
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