18006 Barton Ridge Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 18006 Barton Ridge Ln, Richmond, TX, 77407 listed at $397,000 pairs $3,038/mo rent with a $1,943/mo payment to leave $215/mo cash flow. Total monthly income runs $3,038/mo, and annual cash flow reaches $2,580/yr on $131,606 cash to close. Return on cash invested measures 21.87% in year one, and rental yield registers 9.18% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 114.54% and total cumulative return in cash totals $150,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,038/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).