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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 7010 Glennwick Grove Ln, Richmond, TX, 77469 earns from $2,340/mo rent with a $1,808/mo payment. Total monthly income totals $2,340/mo. ROI tracks 16.34% on current figures, and rental yield reads 7.6% at a $369,410 purchase. Equity gained on principal adds $2,384/yr, and 5% annual appreciation supports $102,061 over five years. Five-year ROI reaches 85.23% and total cumulative return in cash sums $104,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
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 |
|---|---|---|
| 2024-12-12 | Price change | $369,410 |
| 2024-12-05 | Listed for sale | $349,717 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rene Rodriguez • Nan & Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #56451289
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
