Plan Richmond.535 Plan, Riceland: 50ft. lots,Mont Belvieu,TX,77523

Investment Highlights

Investment property for sale in Mont Belvieu at Plan Richmond.535 Plan, Riceland: 50ft. lots, Mont Belvieu, TX, 77523 uses $153,150 cash to close to unlock $2,063/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $3,457/mo, and a $2,261/mo payment keeps the spread at $172/mo. Purchase price stands at $461,990, and rental yield measures 8.98% with $3,457/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $127,639 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash records $170,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,457/mo property income covering a $2,261/mo payment rather than investor’s personal income.