6814 Claire Brook Dr,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 6814 Claire Brook Dr, Richmond, TX, 77407 priced at $385,900 converts $3,451/mo rent into $670/mo cash flow after a $1,889/mo obligation. Total monthly income equals $3,451/mo, and annual cash flow totals $8,035/yr on $127,926 invested. Return on cash invested prints 26.19% in year one, and rental yield reads 10.73% against a $385,900 entry. Equity gained on principal adds $2,490/yr, while 5% annual appreciation compiles into $106,617 by year five. Five-year ROI reaches 137.87% and total cumulative return in cash sums $176,369. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,451/mo property income covering a $1,889/mo payment, not borrower’s personal income.