126 N Garza RdShady ShoresTX76208
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
Rental property for sale in Shady Shores at 126 N Garza Rd, Shady Shores, TX, 76208 priced at $325,000 converts $2,240/mo rent into after a $1,591/mo obligation. Total monthly income equals $2,240/mo. Return on cash invested prints 19.11% in year one, and rental yield reads 8.27% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 99.8% and total cumulative return in cash sums $107,521. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,240/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.92 Acres lot
$N/A/sqft
No 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
Listed by: Craig Williams • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21035248