9003 Alps Peak Ct,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 9003 Alps Peak Ct, Richmond, TX, 77407 uses $198,946 cash to close to unlock $1,807/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $4,514/mo, and a $2,960/mo payment keeps the spread at $151/mo. Purchase price stands at $604,700, and rental yield measures 8.96% with $4,514/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $167,067 over five years. Five-year ROI reaches 109.86% and total cumulative return in cash records $218,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,514/mo property income covering a $2,960/mo payment rather than investor’s personal income.