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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 739 Summer Trace Ln, Richmond, TX, 77406 at $525,000 posts ROI 21.71% with $238/mo cash flow from $4,034/mo rent. Total monthly income equals $4,034/mo, and annual cash flow records $2,858/yr on $172,725 to close. Return on cash invested measures 21.71% and rental yield reads 9.22% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 113.89% and total cumulative return in cash totals $196,713.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
8,908 sqft lot
$N/A/sqft
$745 annually HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $6126.63 | 10.72% | $489,965 | 10.00% |
| 2023-04-03 | $5533.57 | -7.68% | $445,423 | 10.00% |
| 2022-04-03 | $5994.07 | 7.13% | $404,930 | 10.00% |
Listed by: Amber Brady • Hometown America Incorporated
Mls Name: HAR
Mls Provider:
Mls ID: #17732879
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