5603 Scoria Rock Dr,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 5603 Scoria Rock Dr, Richmond, TX, 77407 uses $146,258 cash to close to unlock $2,544/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $3,406/mo, and a $2,159/mo payment keeps the spread at $212/mo. Purchase price stands at $441,200, and rental yield measures 9.26% with $3,406/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $121,895 over five years. Five-year ROI reaches 113.53% and total cumulative return in cash records $166,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,406/mo property income covering a $2,159/mo payment rather than investor’s personal income.