7018 N Martin Luther King Ave,Hitchcock,TX,77563

Investment Highlights

Investment property for sale in Hitchcock at 7018 N Martin Luther King Ave, Hitchcock, TX, 77563 earns $415/mo cash flow from $1,830/mo rent with a $974/mo payment. Total monthly income totals $1,830/mo, and annual cash flow totals $4,979/yr on $65,969 capital. ROI tracks 27.46% on current figures, and rental yield reads 11.04% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 144.51% and total cumulative return in cash sums $95,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,830/mo property income instead of your personal income.