16915 Cory Cornell Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 16915 Cory Cornell Ln, Richmond, TX, 77407 earns $579/mo cash flow from $3,068/mo rent with a $1,713/mo payment. Total monthly income totals $3,068/mo, and annual cash flow totals $6,950/yr on $116,025 capital. ROI tracks 25.9% on current figures, and rental yield reads 10.52% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash sums $158,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,068/mo property income instead of your personal income.