Mickelson -50' Lot Plan, Riceland,Mont Belvieu,TX,77523

Investment Highlights

Rental property for sale in Mont Belvieu at Mickelson -50' Lot Plan, Riceland, Mont Belvieu, TX, 77523 offers $3,138/mo rent that, after a $2,007/mo payment, leaves $222/mo cash flow. Total monthly income is $3,138/mo, and annual cash flow is $2,666/yr on $135,912 cash. Return on cash invested measures 21.87% in year one, and rental yield stands at 9.18% at a $409,990 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,273 by year five. Five-year ROI records 114.6% and total cumulative return in cash reaches $155,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,138/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.