16810 Bonnyton Dr,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 16810 Bonnyton Dr, Richmond, TX, 77407 listed at $497,100 pairs $3,712/mo rent with a $2,433/mo payment to leave $82/mo cash flow. Total monthly income runs $3,712/mo, and annual cash flow reaches $985/yr on $164,789 cash to close. Return on cash invested measures 20.51% in year one, and rental yield registers 8.96% at a $497,100 basis. Equity gained on principal adds $3,208/yr, and annual property appreciation at 5% supports $137,340 by year five. Five-year ROI tracks 107.53% and total cumulative return in cash totals $177,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,712/mo property income relative to a $2,433/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).