873 Covent Dr,Kyle,TX,78640

Investment Highlights

Investment property for sale in Kyle at 873 Covent Dr, Kyle, TX, 78640 with 5% annual appreciation on a $279,900 basis while $2,220/mo rent supports operations. Total monthly income totals $2,220/mo and a $1,370/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,755/yr on $92,787 deployed, and return on cash invested reaches 22.88% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 9.52%. Five-year ROI measures 119.99% and total cumulative return in cash totals $111,337.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,220/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.