8735 Long Cross DrRichmondTX77406
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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
Investment property for sale in Richmond at 8735 Long Cross Dr, Richmond, TX, 77406 earns $712/mo cash flow from $5,160/mo rent with a $3,010/mo payment. Total monthly income totals $5,160/mo, and annual cash flow totals $8,541/yr on $202,335 capital. ROI tracks 24.28% on current figures, and rental yield reads 10.07% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 127.64% and total cumulative return in cash sums $258,257. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,160/mo property income instead of your personal income.
Single Family
Built in 2013
9,500 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
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Listed by: Jennifer Stiles • Inspired Realty & Co.
Mls Name: HAR
Mls Provider:
Mls ID: #88664377
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