5223 S Fm 565 Rd,Cove,TX,77523

Investment Highlights

Investment property for sale in Cove at 5223 S Fm 565 Rd, Cove, TX, 77523 listed at $379,900 pairs $2,934/mo rent with a $1,859/mo payment to leave $233/mo cash flow. Total monthly income runs $2,934/mo, and annual cash flow reaches $2,795/yr on $125,937 cash to close. Return on cash invested measures 22.13% in year one, and rental yield registers 9.27% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 115.95% and total cumulative return in cash totals $146,021. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,934/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).