1119 McCormick 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 1119 McCormick St, Denton, TX, 76201 with 5% annual appreciation on a $219,900 basis while $1,855/mo rent supports operations. Total monthly income totals $1,855/mo and a $1,076/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,499/yr on $72,897 deployed, and return on cash invested reaches 24.71% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 10.12%. Five-year ROI measures 129.82% and total cumulative return in cash totals $94,636.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,855/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
9,016 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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Listed by: MICHAEL TILLER • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20932452
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.