619 Jasmine St,Richwood,TX,77531

Investment Highlights

Investment property for sale in Richwood at 619 Jasmine St, Richwood, TX, 77531 listed at $1,595,500 pairs $1,411/mo rent with a $7,809/mo payment. Total monthly income runs $1,411/mo. Return on cash invested measures -2.69% in year one, and rental yield registers 1.06% at a $1,595,500 basis. Equity gained on principal adds $10,296/yr, and annual property appreciation at 5% supports $440,807 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,411/mo property income relative to a $7,809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).