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

Investment Highlights

Investment property for sale in Mont Belvieu at Plan Salgado Plan, Riceland: 50ft. lots, Mont Belvieu, TX, 77523 at $475,990 posts ROI 24.43% with $595/mo cash flow from $3,980/mo rent. Total monthly income equals $3,980/mo, and annual cash flow records $7,139/yr on $157,791 to close. Return on cash invested measures 24.43% and rental yield reads 10.03% at the current $475,990. Equity gained on principal adds $3,071/yr, and 5% annual appreciation supports $131,507 by year five. Five-year ROI prints 128.3% and total cumulative return in cash totals $202,446.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).