640 Whitten St,Clute,TX,77531

Investment Highlights

Rental property for sale in Clute at 640 Whitten St, Clute, TX, 77531 priced at $204,900 pairs $1,474/mo rent with $17/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,474/mo, and annual cash flow comes to $202/yr on $67,924 invested. Return on cash invested is 20.21% in year one, and rental yield stands at 8.63% on a $204,900 basis. Equity gained on principal adds $1,322/yr, and 5% annual appreciation accumulates to $56,610 by year five. Five-year ROI measures 105.64% and total cumulative return in cash reaches $71,758. For financing, Ziffy Mortgage’s DSCR program evaluates $1,474/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.