20611 Garden Ridge Cyn,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 20611 Garden Ridge Cyn, Richmond, TX, 77407 uses $116,025 cash to close to unlock $5,054/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,910/mo, and a $1,713/mo payment keeps the spread at $421/mo. Purchase price stands at $349,999, and rental yield measures 9.98% with $2,910/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 127.43% and total cumulative return in cash records $147,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $1,713/mo payment rather than investor’s personal income.