18334 Pin Oak Lake Dr,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 18334 Pin Oak Lake Dr, Richmond, TX, 77407 generates $3,673/mo in rent and, after a $2,208/mo payment, leaves $465/mo in cash flow. Total monthly income is $3,673/mo, and annual cash flow is $5,578/yr on $149,573 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.77% on a $451,200 entry. Equity gained on principal adds $2,912/yr, while 5% annual appreciation builds toward $124,658 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $185,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,673/mo property income rather than buyer’s personal income.