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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 7522 Fairchild Rd, Richmond, TX, 77469 with 5% annual appreciation on a $850,000 basis while $4,804/mo rent supports operations. 74% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 6.78%. Five-year ROI measures 76.29% and total cumulative return in cash totals $213,358. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,804/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
5.42 Acres 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 |
|---|---|---|
| 2024-10-25 | Price change | $850,000 |
| 2024-09-06 | Listing removed | $4,650 |
| 2024-07-20 | Listed for rent | $4,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $550,000 | 10.00% |
| 2023-12-27 | $7550.90 | -6.14% | $500,000 | 4.17% |
| 2022-12-27 | $8044.59 | 2.01% | $480,000 | 5.49% |
Listed by: Karina Rossi • Bernstein Realty
Mls Name: HAR
Mls Provider:
Mls ID: #64171324
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