113 Highland Dr,Hitchcock,TX,77563

Investment Highlights

Investment property for sale in Hitchcock at 113 Highland Dr, Hitchcock, TX, 77563 listed at $133,400 pairs $1,065/mo rent with a $653/mo payment to leave $116/mo cash flow. Total monthly income runs $1,065/mo, and annual cash flow reaches $1,395/yr on $44,222 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 9.58% at a $133,400 basis. Equity gained on principal adds $861/yr, and annual property appreciation at 5% supports $36,856 by year five. Five-year ROI tracks 121.06% and total cumulative return in cash totals $53,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,065/mo property income relative to a $653/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).