9576 County Road 232RichardsTX77873
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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 Richards at 9576 County Road 232, Richards, TX, 77873 offers a 5.21% rental yield on a $514,500 purchase with $2,234/mo rent. 96% in year one. Equity gained on principal adds $3,320/yr while 5% annual appreciation supports $142,147 over five years. Portfolio math shows five-year ROI at 50.7% and total cumulative return in cash at $85,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,234/mo property income against a $2,518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
18.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77873, Richards, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 753 (100%) |
| Owner Occupied HU | 520 (69.1%) |
| Renter Occupied HU | 106 (14.1%) |
| Vacant Housing Units | 127 (16.9%) |
| Median Home Value | $373,171 |
| Average Home Value | $513,433 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
670
Multi-Family
0
Businesses
51
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