17523 Browning Trace Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 17523 Browning Trace Ln, Richmond, TX, 77407 listed at $404,900 pairs $3,659/mo rent with a $1,982/mo payment to leave $641/mo cash flow. Total monthly income runs $3,659/mo, and annual cash flow reaches $7,695/yr on $134,224 cash to close. Return on cash invested measures 25.64% in year one, and rental yield registers 10.84% at a $404,900 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,866 by year five. Five-year ROI tracks 135.27% and total cumulative return in cash totals $181,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,659/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).