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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% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Richmond at BURKHART Plan, Austin Point Showcase, Richmond, TX, 77469 generates $3,120/mo in rent, after a $3,308/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 10.96% in year one, and rental yield is 5.54% on a $675,900 entry. Equity gained on principal adds $4,361/yr, while 5% annual appreciation builds toward $186,739 over five years. Five-year ROI reaches 56.03% and total cumulative return in cash sums $124,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Housing Distribution
Address Breakdown
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Price change | $675,900 |
| 2025-06-16 | Listed for sale | $674,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2025
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 3,794 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage
Location
- City: Richmond
- Subdivision: Austin Point Showcase
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Velasquez Elementary School
- Middle School: Polly Ryon Middle School
- High School: George Ranch High School
Listed by: N/A • Drees Custom Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A