19323 Desert Calico Ln,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 19323 Desert Calico Ln, Richmond, TX, 77407 generates $3,583/mo in rent and, after a $2,105/mo payment, leaves $525/mo in cash flow. Total monthly income is $3,583/mo, and annual cash flow is $6,298/yr on $142,545 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 10% on a $429,999 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $182,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,583/mo property income rather than buyer’s personal income.