104 Island CirShady ShoresTX76208
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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 Shady Shores at 104 Island Cir, Shady Shores, TX, 76208 uses $202,335 cash to close to unlock $8,785/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $5,172/mo, and a $3,010/mo payment keeps the spread at $732/mo. Purchase price stands at $615,000, and rental yield measures 10.09% with $5,172/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash records $259,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,172/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Single Family
Built in 1997
1.00 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 6,807 (54.1%) |
| Renter Occupied HU | 4,966 (39.5%) |
| Vacant Housing Units | 813 ( 6.5%) |
| Median Home Value | $443,003 |
| Average Home Value | $507,298 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
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Listed by: Beth Caudill • eXp Realty
Mls Name: NTREIS
Mls ID: #20694009
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.