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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% |
Rental property for sale in Richmond at 7610 Serenity Creek Ln, Richmond, TX, 77469 offers $3,120/mo rent that, after a $1,600/mo payment, leaves $795/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $9,544/yr on $108,367 cash. Return on cash invested measures 28.72% in year one, and rental yield stands at 11.45% at a $326,900 entry. Equity gained on principal adds $2,109/yr while 5% annual appreciation compounds into $90,316 by year five. Five-year ROI records 151.29% and total cumulative return in cash reaches $163,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $1,600/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $326,900 |
| 2025-04-01 | Listing removed | $322,900 |
| 2025-03-28 | Listed for sale | $322,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jack Lipar • LGI Homes
Mls Name: HAR
Mls Provider:
Mls ID: #46712116
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