20623 Stonetrail Rd,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 20623 Stonetrail Rd, Richmond, TX, 77407 listed at $508,000 pairs $3,410/mo rent with a $2,486/mo payment. Total monthly income runs $3,410/mo. Return on cash invested measures 18.2% in year one, and rental yield registers 8.06% at a $508,000 basis. Equity gained on principal adds $3,278/yr, and annual property appreciation at 5% supports $140,351 by year five. Five-year ROI tracks 95% and total cumulative return in cash totals $158,783. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,410/mo property income relative to a $2,486/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).