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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 7215 Nettle Spring Ct, Richmond, TX, 77469 uses $87,814 cash to close to unlock $1,202/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,297/mo payment keeps the spread at $100/mo. Purchase price stands at $264,900, and rental yield measures 9.49% with $2,096/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 111.98% and total cumulative return in cash records $98,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2008
6,242 sqft lot
$N/A/sqft
$330 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 |
|---|---|---|
| 2024-12-30 | Listed for sale | $264,900 |
| 2022-10-26 | Listing removed | N/A |
| 2022-09-27 | Pending sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $242,361 | -3.15% |
| 2023-02-13 | $5407.80 | 17.49% | $250,237 | 33.62% |
| 2022-02-13 | $4602.77 | 6.36% | $187,280 | 10.00% |
Listed by: Nikola Knezevic • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #67255576
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