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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 1116 Nora Ln, Denton, TX, 76210 offers $3,491/mo rent that, after a $2,148/mo payment, leaves $286/mo cash flow. Total monthly income is $3,491/mo, and annual cash flow is $3,437/yr on $145,451 cash. Return on cash invested measures 22.27% in year one, and rental yield stands at 9.55% at a $438,766 entry. Equity gained on principal adds $2,831/yr while 5% annual appreciation compounds into $121,223 by year five. Five-year ROI records 116.99% and total cumulative return in cash reaches $170,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,491/mo property income versus a $2,148/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
5,000 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,620 (100%) |
| Owner Occupied HU | 12,637 (71.7%) |
| Renter Occupied HU | 4,554 (25.8%) |
| Vacant Housing Units | 429 ( 2.4%) |
| Median Home Value | $388,162 |
| Average Home Value | $438,547 |
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listing removed | $368,000 |
| 2025-02-27 | Pending sale | $368,000 |
| 2025-02-21 | Contingent | $368,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $2091.88 | -0.26% | $384,912 | 10.00% |
| 2023-10-09 | $2097.40 | -46.39% | $349,920 | 10.00% |
| 2022-10-09 | $3912.03 | -27.21% | $318,109 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
