9809 Richmond Ave UNIT G1HoustonTX77042
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
Investment Highlights
Investment property for sale in Houston at 9809 Richmond Ave UNIT G1, Houston, TX, 77042 listed at $155,800 pairs $1,250/mo rent with a $763/mo payment. Total monthly income runs $1,250/mo. Return on cash invested measures 10.63% in year one, and rental yield registers 9.63% at a $155,800 basis. Equity gained on principal adds $1,005/yr, and annual property appreciation at 5% supports $43,045 by year five. Five-year ROI tracks 58.88% and total cumulative return in cash totals $30,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,250/mo property income relative to a $763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
3.89 Acres lot
$N/A/sqft
$541 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paulina Davila • Next Trend Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #74557764
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.