388 Globe Mallow Cir, Kyle, TX, 78640 | 8.24% Rental Yield

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388 Globe Mallow Cir, Kyle, TX, 78640 | 8.24% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kyle at 388 Globe Mallow Cir, Kyle, TX, 78640 priced at $392,990 converts $2,700/mo rent into after a $1,923/mo obligation. Total monthly income equals $2,700/mo. Return on cash invested prints 19.04% in year one, and rental yield reads 8.24% against a $392,990 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation compiles into $108,576 by year five. Five-year ROI reaches 99.4% and total cumulative return in cash sums $129,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,923/mo payment, not borrower’s personal income.

Single Family

Built in 2025

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

UNDER CONSTRUCTION - EST COMPLETION NOW!!!!!!!!!!!!!!!!!!!!! Photos are representative of plan and may vary as built. Discover the Lakeway floorplan at Southgrove in Kyle, TX. This single-story home offers 2,042 square feet of living space, a 2-car garage, 4 bedrooms, 3 bathrooms and a study. As you enter this home you will find yourself in a foyer that opens to a spare bedroom, bedroom 2, a bathroom and a large study with an extra closet for storage. As you continue through the home you will walk into the spacious dining room, kitchen and open family room that leads to a covered patio. The kitchen features a large kitchen island, quartz or Silestone countertops, and a large pantry. Just off the dining room is the third and fourth extra bedrooms as well as the third bathroom. At the back of the home, just off the family room, is the main bedroom, bedroom 1. This bedroom features plenty of space and natural lighting, a large bathroom with double vanity and a large walk-in closet. This home comes included with a professionally designed landscape package and a full irrigation system as well as our America's Smart Home package that offers devices such as the Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, Deako Smart Light Switch, Kwikset Smart lock, and more.