6806 Oakleaf Trail Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 6806 Oakleaf Trail Ln, Richmond, TX, 77407 listed at $300,000 pairs $2,416/mo rent with a $1,468/mo payment to leave $283/mo cash flow. Total monthly income runs $2,416/mo, and annual cash flow reaches $3,396/yr on $99,450 cash to close. Return on cash invested measures 23.32% in year one, and rental yield registers 9.66% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 122.35% and total cumulative return in cash totals $121,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,416/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).