20718 Mansfield Bay Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 20718 Mansfield Bay Ln, Richmond, TX, 77407 offers a 8.97% rental yield on a $520,200 purchase with $3,887/mo rent. Total monthly income registers $3,887/mo, and a $2,546/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,583/yr on $171,146 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $3,357/yr while 5% annual appreciation supports $143,722 over five years. Portfolio math shows five-year ROI at 109.94% and total cumulative return in cash at $188,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,887/mo property income against a $2,546/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.