1116 Lake St,Clute,TX,77531

Investment Highlights

Rental property for sale in Clute at 1116 Lake St, Clute, TX, 77531 offers $1,956/mo rent that, after a $1,150/mo payment, leaves $285/mo cash flow. Total monthly income is $1,956/mo, and annual cash flow is $3,424/yr on $77,869 cash. Return on cash invested measures 24.31% in year one, and rental yield stands at 9.99% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 127.67% and total cumulative return in cash reaches $99,417. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,956/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.