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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Denton at 10924 Southerland Dr, Denton, TX, 76207 priced at $475,000 pairs $3,180/mo rent with after a $2,325/mo payment. Total monthly income equals $3,180/mo. Return on cash invested is 16.03% in year one, and rental yield stands at 8.03% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 84.09% and total cumulative return in cash reaches $132,415. For financing, Ziffy Mortgage’s DSCR program evaluates $3,180/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
7,361 sqft lot
$N/A/sqft
$1,870 semi-annually HOA
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,908 (100%) |
| Owner Occupied HU | 6,946 (58.3%) |
| Renter Occupied HU | 3,780 (31.7%) |
| Vacant Housing Units | 1,182 ( 9.9%) |
| Median Home Value | $422,245 |
| Average Home Value | $496,496 |
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
Date | Event | Price |
|---|---|---|
| 2024-06-25 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3186.92 | -38.62% | $393,320 | 10.00% |
| 2022-08-15 | $5192.46 | N/A | $357,564 | 10.00% |
| 2021-08-15 | $5192.46 | 0.47% | $325,058 | 5.25% |
Listed by: Carly Harrison • Attorney Broker Services
Mls Name: NTREIS
Mls ID: #20651852
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.
