1007 Westway StDentonTX76201
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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 Denton at 1007 Westway St, Denton, TX, 76201 uses $65,969 cash to close to unlock $5,135/yr annual cash flow and $428/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $974/mo payment keeps the spread at $428/mo. Purchase price stands at $199,000, and rental yield measures 11.11% with $1,843/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 145.79% and total cumulative return in cash records $96,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1949
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76201, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,172 (100%) |
| Owner Occupied HU | 1,866 (12.3%) |
| Renter Occupied HU | 11,712 (77.2%) |
| Vacant Housing Units | 1,594 (10.5%) |
| Median Home Value | $338,679 |
| Average Home Value | $405,178 |
Housing Distribution
Address Breakdown
Residential
12,059
Single Family
6,743
Multi-Family
5,316
Businesses
1,451
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