115 Meadow Ridge WayCluteTX77531
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clute at 115 Meadow Ridge Way, Clute, TX, 77531 offers a 8.58% rental yield on a $349,900 purchase with $2,502/mo rent. Total monthly income registers $2,502/mo, and a $1,713/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $161/yr on $115,992 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 104.82% and total cumulative return in cash at $121,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,502/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
9,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices