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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 7302 Plains Lodge Ln, Richmond, TX, 77469 uses $109,395 cash to close to unlock $4,746/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $2,742/mo, and a $1,615/mo payment keeps the spread at $396/mo. Purchase price stands at $330,000, and rental yield measures 9.97% with $2,742/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash records $139,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,864 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Renee Moten • Keller Williams Realty Southwest
Mls Name: HAR
Mls ID: #3924179
