8014 Caden Mills Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 8014 Caden Mills Ln, Richmond, TX, 77407 offers a 9.73% rental yield on a $399,500 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,955/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,781/yr on $132,434 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $2,578/yr while 5% annual appreciation supports $110,374 over five years. Portfolio math shows five-year ROI at 123.42% and total cumulative return in cash at $163,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,955/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.