5614 Rainbow RdCoveTX77523
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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
Investment Highlights
Investment property for sale in Cove at 5614 Rainbow Rd, Cove, TX, 77523 with 5% annual appreciation on a $233,000 basis while $2,243/mo rent supports operations. Total monthly income totals $2,243/mo and a $1,140/mo payment preserves $555/mo for cash returns. Annual cash flow comes to $6,658/yr on $77,240 deployed, and return on cash invested reaches 28.53% in year one. Equity gained on principal adds $1,504/yr, and five-year appreciation sums $64,374 alongside rental yield of 11.55%. Five-year ROI measures 150.47% and total cumulative return in cash totals $116,221.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,243/mo property income versus a $1,140/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
5,488 sqft lot
$N/A/sqft
$380 annually HOA
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Listed by: Michael Vu • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #85233732
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