Plan 213 Plan, 6 Creeks at Waterridge: 70ft. lots,Kyle,TX,78640

Investment Highlights

Rental property for sale in Kyle at Plan 213 Plan, 6 Creeks at Waterridge: 70ft. lots, Kyle, TX, 78640 generates $3,461/mo in rent, after a $3,446/mo payment. Total monthly income is $3,461/mo. Return on cash invested sits at 12.05% in year one, and rental yield is 5.9% on a $703,990 entry. Equity gained on principal adds $4,543/yr, while 5% annual appreciation builds toward $194,499 over five years. Five-year ROI reaches 61.91% and total cumulative return in cash sums $143,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,461/mo property income rather than buyer’s personal income.