18303 Meikle Path, Richmond, TX, 77407 | 4.09% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $4,772/mo, and a $6,852/mo payment. Purchase price stands at $1,400,000, and rental yield measures 4.09% with $4,772/mo rent. Return on cash invested shows 6.66% in year one, and 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 32.92% and total cumulative return in cash records $149,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,772/mo property income covering a $6,852/mo payment rather than investor’s personal income.

Single Family

Built in 2018

0.41 Acres lot

$N/A/sqft

No HOA