7638 Rainham Valley Ln,Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at 7638 Rainham Valley Ln, Richmond, TX, 77407 priced at $325,500 converts $2,899/mo rent into after a $1,593/mo obligation. Total monthly income equals $2,899/mo. Return on cash invested prints 15.84% in year one, and rental yield reads 10.69% against a $325,500 entry. Equity gained on principal adds $2,100/yr, while 5% annual appreciation compiles into $89,930 by year five. Five-year ROI reaches 86.09% and total cumulative return in cash sums $92,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,899/mo property income covering a $1,593/mo payment, not borrower’s personal income.