19419 Stetson Heights Ln,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 19419 Stetson Heights Ln, Richmond, TX, 77407 generates $2,463/mo in rent, after a $1,768/mo payment. Total monthly income is $2,463/mo. Return on cash invested sits at 18.16% in year one, and rental yield is 8.18% on a $361,300 entry. Equity gained on principal adds $2,331/yr, while 5% annual appreciation builds toward $99,821 over five years. Five-year ROI reaches 94.93% and total cumulative return in cash sums $113,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,463/mo property income rather than buyer’s personal income.