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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 710 Fields St, Richmond, TX, 77469 offers $874/mo rent that, after a $563/mo payment. Total monthly income is $874/mo. Return on cash invested measures 17.71% in year one, and rental yield stands at 9.12% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 93.83% and total cumulative return in cash reaches $35,769. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $874/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
3,360 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-09 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-09 | $3419.38 | 18.43% | $183,420 | 42.19% |
| 2023-06-09 | $2887.16 | -0.66% | $129,000 | 4.45% |
| 2022-06-09 | $2906.20 | -0.90% | $123,500 | 0.01% |
Listed by: Kelechi Okeadu • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #80266119
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