19327 Christine Crossing Dr,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 19327 Christine Crossing Dr, Richmond, TX, 77407 listed at $260,000 pairs $2,248/mo rent with a $1,273/mo payment to leave $399/mo cash flow. Total monthly income runs $2,248/mo, and annual cash flow reaches $4,784/yr on $86,190 cash to close. Return on cash invested measures 25.46% in year one, and rental yield registers 10.38% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 133.83% and total cumulative return in cash totals $115,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,248/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).