Garfield Plan, Riceland 50' Front Load Homesites,Mont Belvieu,TX,77523

Investment Highlights

Investment property for sale in Mont Belvieu at Garfield Plan, Riceland 50' Front Load Homesites, Mont Belvieu, TX, 77523 uses $159,117 cash to close to unlock $5,916/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $3,906/mo, and a $2,349/mo payment keeps the spread at $493/mo. Purchase price stands at $479,990, and rental yield measures 9.77% with $3,906/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $132,612 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash records $197,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,906/mo property income covering a $2,349/mo payment rather than investor’s personal income.