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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 7822 Laurel Elm Ct, Richmond, TX, 77407 listed at $330,000 pairs $2,671/mo rent with a $1,615/mo payment to leave $246/mo cash flow. Total monthly income runs $2,671/mo, and annual cash flow reaches $2,949/yr on $109,395 cash to close. Return on cash invested measures 22.6% in year one, and rental yield registers 9.71% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 118.81% and total cumulative return in cash totals $129,971. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,671/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
6,677 sqft lot
$N/A/sqft
$945 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $330,000 |
| 2025-04-10 | Listing removed | $2,300 |
| 2025-04-08 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $4918.15 | 1.24% | $328,965 | 2.49% |
| 2023-04-15 | $4857.92 | 4.27% | $320,986 | 14.85% |
| 2022-04-15 | $4658.76 | 18.39% | $279,490 | 24.27% |
Listed by: Victor Roberts • Triad One Realty
Mls Name: HAR
Mls Provider:
Mls ID: #48310199
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