845 Wade StCluteTX77531
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 845 Wade St, Clute, TX, 77531 in Clute at $124,900 earns $1,002/mo in rent and nets $114/mo after the $562/mo payment, a 9.63% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,508 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,150/yr in principal paydown, total projected return reaches $55,210.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $114 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,002 |
| Total Monthly Debt Service | $838 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2017
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2017
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer DeGreef • American Realty
Mls Name: HAR
Mls Provider:
Mls ID: #94488096
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