6023 Treasure Cove Rd,Cove,TX,77523

Investment Highlights

Investment property for sale in Cove at 6023 Treasure Cove Rd, Cove, TX, 77523 offers a 11.37% rental yield on a $236,000 purchase with $2,236/mo rent. Total monthly income registers $2,236/mo, and a $1,155/mo payment leaves $558/mo available for distribution. Annual cash flow reaches $6,694/yr on $78,234 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $1,523/yr while 5% annual appreciation supports $65,202 over five years. Portfolio math shows five-year ROI at 149.93% and total cumulative return in cash at $117,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,236/mo property income against a $1,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.