Cormorant Plan, Trillium 40',Richmond,TX,77407

Investment Highlights

Rental property for sale in Richmond at Cormorant Plan, Trillium 40', Richmond, TX, 77407 priced at $456,900 pairs $3,059/mo rent with after a $2,236/mo payment. Total monthly income equals $3,059/mo. Return on cash invested is 10.88% in year one, and rental yield stands at 8.03% on a $456,900 basis. Equity gained on principal adds $2,948/yr, and 5% annual appreciation accumulates to $126,233 by year five. Five-year ROI measures 58.37% and total cumulative return in cash reaches $88,416. For financing, Ziffy Mortgage’s DSCR program evaluates $3,059/mo property income against a $2,236/mo payment instead of your W2s, 1099s, or Tax returns.