7614 Thrips LnRichmondTX77469
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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 7614 Thrips Ln, Richmond, TX, 77469 priced at $248,900 pairs $2,340/mo rent with $531/mo cash flow after a $1,218/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $6,368/yr on $82,510 invested. Return on cash invested is 27.63% in year one, and rental yield stands at 11.28% on a $248,900 basis. Equity gained on principal adds $1,606/yr, and 5% annual appreciation accumulates to $68,766 by year five. Five-year ROI measures 145.66% and total cumulative return in cash reaches $120,181. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,218/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$475 annually HOA
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
Nearby investment properties with comparable rents
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Listed by: Jack Lipar • LGI Homes
Mls Name: HAR
Mls Provider:
Mls ID: #92244100
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