6614 Timber Square Ct,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 6614 Timber Square Ct, Richmond, TX, 77407 generates $2,392/mo in rent and, after a $1,517/mo payment, leaves $188/mo in cash flow. Total monthly income is $2,392/mo, and annual cash flow is $2,254/yr on $102,765 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 9.26% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 115.81% and total cumulative return in cash sums $119,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.