6905 Speaker St,Hitchcock,TX,77563

Investment Highlights

Investment property for sale in Hitchcock at 6905 Speaker St, Hitchcock, TX, 77563 listed at $184,900 pairs $1,431/mo rent with a $905/mo payment to leave $116/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $1,394/yr on $61,294 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 9.29% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 116.32% and total cumulative return in cash totals $71,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).