6702 Alejandro PlCoveTX77523
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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 6702 Alejandro Pl, Cove, TX, 77523 uses $107,588 cash to close to unlock $6,319/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $2,910/mo, and a $1,589/mo payment keeps the spread at $527/mo. Purchase price stands at $324,550, and rental yield measures 10.76% with $2,910/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $89,667 over five years. Five-year ROI reaches 135.85% and total cumulative return in cash records $146,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $1,589/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,483 sqft lot
$N/A/sqft
$900 annually HOA
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Listed by: Angeline Clark • Monarch Real Estate & Ranch
Mls Name: HAR
Mls Provider:
Mls ID: #80160123
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