8014 Grove Sky CtRichmondTX77407
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 8014 Grove Sky Ct, Richmond, TX, 77407 in Richmond achieves a 1.97 ratio at $412,700: $3,656/mo rent versus $1,856/mo debt service. Rental yield 10.63%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.63% yield compounds alongside 5% annual appreciation projecting $114,021 in value. Total projected cumulative return: $152,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.5% |
| Monthly Cash Flow | $(153) | $285 |
City averages based on Richmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,656 |
| Total Monthly Debt Service | $3,646 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
9,436 sqft lot
$N/A/sqft
$875 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
9,436 sqft lot
$N/A/sqft
$875 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices