7310 Fm 361 RdRichmondTX77469
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Richmond at 7310 Fm 361 Rd, Richmond, TX, 77469 generates $6,978/mo in rent and, after a $4,527/mo payment, leaves $401/mo in cash flow. Total monthly income is $6,978/mo, and annual cash flow is $4,807/yr on $304,325 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 9.05% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 113.31% and total cumulative return in cash sums $344,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,978/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
2.81 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $925,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $12152.51 | -10.40% | $723,599 | -13.86% |
| 2023-03-20 | $13562.59 | 14.17% | $840,024 | 0.61% |
| 2022-03-20 | $11879.00 | 395.54% | $834,940 | 560.29% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2021
- Architectural Style: Contemporary/Modern
- Building Area: 3,712
- Living Area: 3,712 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Electric
- Flooring: N/A
- Interior Features: 1 Bedroom Down - Not Primary BR
- Exterior Features: N/A
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Needville Elementary School
- Middle School: Needville Junior High School
- High School: Needville High School
Listed by: George Balla • Balla Homes, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #2715753
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