6738 Laguna Trace St,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 6738 Laguna Trace St, Richmond, TX, 77407 generates $2,953/mo in rent and, after a $1,664/mo payment, leaves $535/mo in cash flow. Total monthly income is $2,953/mo, and annual cash flow is $6,424/yr on $112,710 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 10.42% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 134.63% and total cumulative return in cash sums $151,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,953/mo property income rather than buyer’s personal income.