18306 Austin Oak Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 18306 Austin Oak Ln, Richmond, TX, 77407 listed at $233,900 pairs $2,272/mo rent with a $1,145/mo payment to leave $563/mo cash flow. Total monthly income runs $2,272/mo, and annual cash flow reaches $6,750/yr on $77,538 cash to close. Return on cash invested measures 28.61% in year one, and rental yield registers 11.66% at a $233,900 basis. Equity gained on principal adds $1,509/yr, and annual property appreciation at 5% supports $64,622 by year five. Five-year ROI tracks 151.03% and total cumulative return in cash totals $117,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,272/mo property income relative to a $1,145/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).