229 Burkett St, Richwood, TX, 77531 | $42/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Richwood at 229 Burkett St, Richwood, TX, 77531 priced at $230,000 converts $1,678/mo rent into $42/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,678/mo, and annual cash flow totals $506/yr on $76,245 invested. Return on cash invested prints 20.57% in year one, and rental yield reads 8.75% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 107.68% and total cumulative return in cash sums $82,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,678/mo property income covering a $1,126/mo payment, not borrower’s personal income.

Single Family

Built in 1977

0.34 Acres lot

$N/A/sqft

No HOA