612 Harvey St,Clute,TX,77531

Investment Highlights

Rental property for sale in Clute at 612 Harvey St, Clute, TX, 77531 offers $1,320/mo rent that, after a $697/mo payment, leaves $307/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $3,685/yr on $47,239 cash. Return on cash invested measures 27.71% in year one, and rental yield stands at 11.12% at a $142,500 entry. Equity gained on principal adds $920/yr while 5% annual appreciation compounds into $39,370 by year five. Five-year ROI records 146% and total cumulative return in cash reaches $68,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $697/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.