18019 Almond Place Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 18019 Almond Place Ln, Richmond, TX, 77407 uses $101,306 cash to close to unlock $6,295/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $2,762/mo, and a $1,496/mo payment keeps the spread at $525/mo. Purchase price stands at $305,600, and rental yield measures 10.85% with $2,762/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $84,432 over five years. Five-year ROI reaches 137.66% and total cumulative return in cash records $139,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,762/mo property income covering a $1,496/mo payment rather than investor’s personal income.