20907 Tranquil Shores Dr,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 20907 Tranquil Shores Dr, Richmond, TX, 77407 offers a 8.77% rental yield on a $645,000 purchase with $4,714/mo rent. Total monthly income registers $4,714/mo, and a $3,157/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,527/yr on $212,205 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 108.71% and total cumulative return in cash at $230,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,714/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.