9230 Mission Arbor Ln,Richmond,TX,77407

Investment Highlights

Investment property for sale in Richmond at 9230 Mission Arbor Ln, Richmond, TX, 77407 listed at $524,900 pairs $3,856/mo rent with a $2,569/mo payment to leave $123/mo cash flow. Total monthly income runs $3,856/mo, and annual cash flow reaches $1,482/yr on $172,692 cash to close. Return on cash invested measures 20.92% in year one, and rental yield registers 8.82% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 109.45% and total cumulative return in cash totals $189,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,856/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).