1425 Mingo RdDentonTX76209
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 Denton at 1425 Mingo Rd, Denton, TX, 76209 generates $2,147/mo in rent and, after a $1,468/mo payment, leaves $14/mo in cash flow. Total monthly income is $2,147/mo, and annual cash flow is $171/yr on $99,417 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 8.59% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 105% and total cumulative return in cash sums $104,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,147/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.52 Acres 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
Listed by: Katy Taggart • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21003460
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.