7021 Oleander Ln,Hitchcock,TX,77563

Investment Highlights

Investment property for sale in Hitchcock at 7021 Oleander Ln, Hitchcock, TX, 77563 offers a 13.21% rental yield on a $145,600 purchase with $1,603/mo rent. Total monthly income registers $1,603/mo, and a $713/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,807/yr on $48,266 to close, and return on cash invested stands at 34.01% in year one. Equity gained on principal adds $940/yr while 5% annual appreciation supports $40,227 over five years. Portfolio math shows five-year ROI at 179.74% and total cumulative return in cash at $86,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,603/mo property income against a $713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.