138 Dove Trl,Richwood,TX,77531

Investment Highlights

Rental property for sale in Richwood at 138 Dove Trl, Richwood, TX, 77531 priced at $335,000 converts $3,023/mo rent into $640/mo cash flow after a $1,640/mo obligation. Total monthly income equals $3,023/mo, and annual cash flow totals $7,685/yr on $111,053 invested. Return on cash invested prints 26.83% in year one, and rental yield reads 10.83% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 141.18% and total cumulative return in cash sums $156,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,023/mo property income covering a $1,640/mo payment, not borrower’s personal income.