6402 N Ridgecrest StHitchcockTX77563
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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 Hitchcock at 6402 N Ridgecrest St, Hitchcock, TX, 77563 listed at $160,000 pairs $1,912/mo rent with a $783/mo payment to leave $774/mo cash flow. Total monthly income runs $1,912/mo, and annual cash flow reaches $9,292/yr on $53,040 cash to close. Return on cash invested measures 37.43% in year one, and rental yield registers 14.34% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 198.06% and total cumulative return in cash totals $105,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,912/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
5,998 sqft lot
$N/A/sqft
No HOA
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Listed by: Jamie Terry • Priority One Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #42297016
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