19007 Logan Star Ct,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 19007 Logan Star Ct, Richmond, TX, 77407 uses $120,994 cash to close to unlock $1,259/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,786/mo payment keeps the spread at $105/mo. Purchase price stands at $364,990, and rental yield measures 8.88% with $2,700/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $100,840 over five years. Five-year ROI reaches 109.63% and total cumulative return in cash records $132,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,786/mo payment rather than investor’s personal income.