1505 Seminole AveDentonTX76209
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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
Rental property for sale in Denton at 1505 Seminole Ave, Denton, TX, 76209 offers $2,124/mo rent that, after a $1,170/mo payment, leaves $424/mo cash flow. Total monthly income is $2,124/mo, and annual cash flow is $5,091/yr on $79,229 cash. Return on cash invested measures 26.33% in year one, and rental yield stands at 10.66% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 138.54% and total cumulative return in cash reaches $109,764. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,124/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.27 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
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Listed by: Jennifer Fowler • House Brokerage
Mls Name: NTREIS
Mls ID: #20796344
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.