713 Lewis St,Clute,TX,77531

Investment Highlights

Rental property for sale in Clute at 713 Lewis St, Clute, TX, 77531 priced at $113,500 pairs $2,434/mo rent with $1,598/mo cash flow after a $556/mo payment. Total monthly income equals $2,434/mo, and annual cash flow comes to $19,174/yr on $37,625 invested. Return on cash invested is 70.87% in year one, and rental yield stands at 25.73% on a $113,500 basis. Equity gained on principal adds $732/yr, and 5% annual appreciation accumulates to $31,358 by year five. Five-year ROI measures 377.67% and total cumulative return in cash reaches $142,098. For financing, Ziffy Mortgage’s DSCR program evaluates $2,434/mo property income against a $556/mo payment instead of your W2s, 1099s, or Tax returns.