Plan Davenport Plan, 6 Creeks at Waterridge: 55ft. lots,Kyle,TX,78640

Investment Highlights

Rental property for sale in Kyle at Plan Davenport Plan, 6 Creeks at Waterridge: 55ft. lots, Kyle, TX, 78640 generates $2,707/mo in rent, after a $2,437/mo payment. Total monthly income is $2,707/mo. Return on cash invested sits at 13.85% in year one, and rental yield is 6.52% on a $497,990 entry. Equity gained on principal adds $3,213/yr, while 5% annual appreciation builds toward $137,585 over five years. Five-year ROI reaches 71.56% and total cumulative return in cash sums $118,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,707/mo property income rather than buyer’s personal income.