diff --git a/packages/react-native-codegen/src/CodegenSchema.js b/packages/react-native-codegen/src/CodegenSchema.js
index 4495cc0476..57c11d3188 100644
--- a/packages/react-native-codegen/src/CodegenSchema.js
+++ b/packages/react-native-codegen/src/CodegenSchema.js
@@ -137,6 +137,14 @@ export type FunctionTypeAnnotationParamTypeAnnotation = $ReadOnly<{|
     | 'BooleanTypeAnnotation',
 |}>;
 
+export type FunctionTypeAnnotationReturn = $ReadOnly<{|
+  type:
+    | 'StringTypeAnnotation'
+    | 'NumberTypeAnnotation'
+    | 'BooleanTypeAnnotation'
+    | 'VoidTypeAnnotation',
+|}>;
+
 export type FunctionTypeAnnotationParam = $ReadOnly<{|
   name: string,
   typeAnnotation: FunctionTypeAnnotationParamTypeAnnotation,
@@ -145,6 +153,7 @@ export type FunctionTypeAnnotationParam = $ReadOnly<{|
 export type FunctionTypeAnnotation = $ReadOnly<{|
   type: 'FunctionTypeAnnotation',
   params: $ReadOnlyArray<FunctionTypeAnnotationParam>,
+  returnTypeAnnotation: FunctionTypeAnnotationReturn,
 |}>;
 
 export type MethodTypeShape = $ReadOnly<{|
diff --git a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/failures.js b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/failures.js
index 3fe79a7f13..f55709cbdd 100644
--- a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/failures.js
+++ b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/failures.js
@@ -10,7 +10,31 @@
 
 'use strict';
 
-const NATIVE_MODULES_WITH_NOT_EXISTING_TYPE = `
+const NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_PARAM = `
+/**
+ * Copyright (c) Facebook, Inc. and its affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @flow
+ * @format
+ */
+
+'use strict';
+
+import type {TurboModule} from '../RCTExport';
+import * as TurboModuleRegistry from '../TurboModuleRegistry';
+
+export interface Spec extends TurboModule {
+  getString: (arg: NotString) => string;
+}
+
+export default TurboModuleRegistry.getEnforcing<Spec>('SampleTurboModule');
+
+`;
+
+const NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_RETURN = `
 /**
  * Copyright (c) Facebook, Inc. and its affiliates.
  *
@@ -253,7 +277,8 @@ export default codegenNativeComponent<ModuleProps>('Module');
 
 module.exports = {
   TWO_NATIVE_MODULES_EXPORTED_WITH_DEFAULT,
-  NATIVE_MODULES_WITH_NOT_EXISTING_TYPE,
+  NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_PARAM,
+  NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_RETURN,
   NATIVE_MODULES_WITH_NOT_ONLY_METHODS,
   INCORRECT_NATIVE_MODULES,
   COMMANDS_DEFINED_INLINE,
diff --git a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
index 232b25de63..7860aa583e 100644
--- a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
+++ b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
@@ -8,7 +8,9 @@ exports[`RN Codegen Flow Parser Fails with error message COMMANDS_DEFINED_WITHOU
 
 exports[`RN Codegen Flow Parser Fails with error message INCORRECT_NATIVE_MODULES 1`] = `"Interface properties for \\"SpecWithTypo has been specified incorrectly.\\""`;
 
-exports[`RN Codegen Flow Parser Fails with error message NATIVE_MODULES_WITH_NOT_EXISTING_TYPE 1`] = `"Unsupported param type for method \\"getString\\", param \\"arg\\". Found GenericTypeAnnotation"`;
+exports[`RN Codegen Flow Parser Fails with error message NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_PARAM 1`] = `"Unsupported param type for method \\"getString\\", param \\"arg\\". Found GenericTypeAnnotation"`;
+
+exports[`RN Codegen Flow Parser Fails with error message NATIVE_MODULES_WITH_NOT_EXISTING_TYPE_AS_RETURN 1`] = `"Unsupported param type for method \\"getString\\", param \\"arg\\". Found GenericTypeAnnotation"`;
 
 exports[`RN Codegen Flow Parser Fails with error message NATIVE_MODULES_WITH_NOT_ONLY_METHODS 1`] = `"Only methods are supported as module properties. Found BooleanTypeAnnotation in sampleBool"`;
 
@@ -3336,6 +3338,9 @@ Object {
                     },
                   },
                 ],
+                "returnTypeAnnotation": Object {
+                  "type": "VoidTypeAnnotation",
+                },
                 "type": "FunctionTypeAnnotation",
               },
             },
@@ -3350,6 +3355,9 @@ Object {
                     },
                   },
                 ],
+                "returnTypeAnnotation": Object {
+                  "type": "VoidTypeAnnotation",
+                },
                 "type": "FunctionTypeAnnotation",
               },
             },
@@ -3364,6 +3372,9 @@ Object {
                     },
                   },
                 ],
+                "returnTypeAnnotation": Object {
+                  "type": "VoidTypeAnnotation",
+                },
                 "type": "FunctionTypeAnnotation",
               },
             },
diff --git a/packages/react-native-codegen/src/parsers/flow/methods.js b/packages/react-native-codegen/src/parsers/flow/methods.js
index 117b597bf6..5eadb2c3a5 100644
--- a/packages/react-native-codegen/src/parsers/flow/methods.js
+++ b/packages/react-native-codegen/src/parsers/flow/methods.js
@@ -14,6 +14,7 @@ import type {
   MethodTypeShape,
   FunctionTypeAnnotationParam,
   FunctionTypeAnnotationParamTypeAnnotation,
+  FunctionTypeAnnotationReturn,
 } from '../../CodegenSchema.js';
 
 function wrapPrimitiveIntoTypeAnnotation(
@@ -53,6 +54,25 @@ function getTypeAnnotationForParam(
   };
 }
 
+function getReturnTypeAnnotation(
+  methodName: string,
+  type,
+): FunctionTypeAnnotationReturn {
+  switch (type) {
+    case 'BooleanTypeAnnotation':
+    case 'NumberTypeAnnotation':
+    case 'StringTypeAnnotation':
+    case 'VoidTypeAnnotation':
+      return {
+        type,
+      };
+    default:
+      (type: empty);
+      throw new Error(
+        `Unsupported return type for method "${methodName}", Found ${type}`,
+      );
+  }
+}
 function buildMethodSchema(property: MethodAST): MethodTypeShape {
   const name: string = property.key.name;
   const value = property.value;
@@ -67,10 +87,16 @@ function buildMethodSchema(property: MethodAST): MethodTypeShape {
   const params = value.params.map(param =>
     getTypeAnnotationForParam(name, param),
   );
+
+  const returnTypeAnnotation = getReturnTypeAnnotation(
+    name,
+    value.returnType.type,
+  );
   return {
     name,
     typeAnnotation: {
       type: 'FunctionTypeAnnotation',
+      returnTypeAnnotation,
       params,
     },
   };