104 Island CirShady ShoresTX76208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 104 Island Cir, Shady Shores, TX, 76208 in Shady Shores: $5,172/mo in rent, $732/mo net, 10.09% gross yield, all on a $615,000 acquisition. The 1.87 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $169,913 in value, and $5,664/yr in principal paydown steadily builds equity. Projected total cumulative return: $283,118.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $732 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,172 |
| Total Monthly Debt Service | $4,195 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices