20503 Pink Granite Valley,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 20503 Pink Granite Valley, Richmond, TX, 77407 generates $2,729/mo in rent and, after a $1,709/mo payment, leaves $189/mo in cash flow. Total monthly income is $2,729/mo, and annual cash flow is $2,267/yr on $115,760 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 9.38% on a $349,200 entry. Equity gained on principal adds $2,253/yr, while 5% annual appreciation builds toward $96,478 over five years. Five-year ROI reaches 114.77% and total cumulative return in cash sums $132,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,729/mo property income rather than buyer’s personal income.