1209 Pin Oak DrDentonTX76209
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
Investment Highlights
Investment property for sale in Denton at 1209 Pin Oak Dr, Denton, TX, 76209 uses $84,632 cash to close to unlock $3,349/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,095/mo, and a $1,250/mo payment keeps the spread at $279/mo. Purchase price stands at $255,300, and rental yield measures 9.85% with $2,095/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $70,535 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash records $106,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,095/mo property income covering a $1,250/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76209, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,104 (43.3%) |
| Renter Occupied HU | 5,907 (50.1%) |
| Vacant Housing Units | 774 ( 6.6%) |
| Median Home Value | $335,497 |
| Average Home Value | $488,296 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
9,490
Multi-Family
2,112
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices