406 Lexington AveCluteTX77531
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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 406 Lexington Ave, Clute, TX, 77531 uses $111,053 cash to close to unlock $5,297/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $2,824/mo, and a $1,640/mo payment keeps the spread at $441/mo. Purchase price stands at $335,000, and rental yield measures 10.12% with $2,824/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 129.65% and total cumulative return in cash records $143,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,824/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2015
8,280 sqft lot
$N/A/sqft
No HOA
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Listed by: Megan Sorrell • Mega Realty
Mls Name: HAR
Mls Provider:
Mls ID: #75922127
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