18235 Bonham Oaks Ct,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 18235 Bonham Oaks Ct, Richmond, TX, 77407 offers a 9.5% rental yield on a $301,300 purchase with $2,386/mo rent. Total monthly income registers $2,386/mo, and a $1,475/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,917/yr on $99,881 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $1,944/yr while 5% annual appreciation supports $83,244 over five years. Portfolio math shows five-year ROI at 119.76% and total cumulative return in cash at $119,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,386/mo property income against a $1,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.