249 S Main StCluteTX77531
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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
Rental property for sale in Clute at 249 S Main St, Clute, TX, 77531 offers $1,239/mo rent that, after a $773/mo payment, leaves $116/mo cash flow. Total monthly income is $1,239/mo, and annual cash flow is $1,389/yr on $52,377 cash. Return on cash invested measures 22.56% in year one, and rental yield stands at 9.41% at a $158,000 entry. Equity gained on principal adds $1,020/yr while 5% annual appreciation compounds into $43,652 by year five. Five-year ROI records 118.28% and total cumulative return in cash reaches $61,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,239/mo property income versus a $773/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.56 Acres lot
$N/A/sqft
No HOA
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Listed by: Devin Quave • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #24514548
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