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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 8730 Ruston Ridge Dr, Richmond, TX, 77406 generates $4,030/mo in rent, after a $2,936/mo payment. Total monthly income is $4,030/mo. Return on cash invested sits at 18.17% in year one, and rental yield is 8.06% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 94.89% and total cumulative return in cash sums $187,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,030/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
10,293 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-03-16 | Price change | $3,300 |
| 2025-03-15 | Price change | $599,900 |
| 2025-02-09 | Listed for rent | $3,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-03 | $6912.32 | -2.75% | $596,393 | -1.28% |
| 2023-05-03 | $7107.85 | -3.61% | $604,113 | 17.69% |
| 2022-05-03 | $7373.91 | 22.40% | $513,320 | 27.57% |
Listed by: Carie Lawson • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #68204683
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