8475 Harrington Grv Trl,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 8475 Harrington Grv Trl, Richmond, TX, 77407 listed at $475,800 pairs $3,594/mo rent with a $2,329/mo payment to leave $210/mo cash flow. Total monthly income runs $3,594/mo, and annual cash flow reaches $2,524/yr on $157,728 cash to close. Return on cash invested measures 21.51% in year one, and rental yield registers 9.06% at a $475,800 basis. Equity gained on principal adds $3,070/yr, and annual property appreciation at 5% supports $131,455 by year five. Five-year ROI tracks 112.65% and total cumulative return in cash totals $177,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,594/mo property income relative to a $2,329/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).