10407 Shanley Trace Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 10407 Shanley Trace Ln, Richmond, TX, 77407 uses $279,321 cash to close to unlock $7,501/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $6,662/mo, and a $4,155/mo payment keeps the spread at $625/mo. Purchase price stands at $849,000, and rental yield measures 9.42% with $6,662/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 119.25% and total cumulative return in cash records $333,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,662/mo property income covering a $4,155/mo payment rather than investor’s personal income.