1509 Carrigan LnDentonTX76207
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 1509 Carrigan Ln, Denton, TX, 76207 earns $474/mo cash flow from $2,939/mo rent with a $1,688/mo payment. Total monthly income totals $2,939/mo, and annual cash flow totals $5,693/yr on $114,334 capital. ROI tracks 24.89% on current figures, and rental yield reads 10.23% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 130.82% and total cumulative return in cash sums $149,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,939/mo property income instead of your personal income.
Single Family
Built in 2004
8,015 sqft lot
$N/A/sqft
$145 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,908 (100%) |
| Owner Occupied HU | 6,946 (58.3%) |
| Renter Occupied HU | 3,780 (31.7%) |
| Vacant Housing Units | 1,182 ( 9.9%) |
| Median Home Value | $422,245 |
| Average Home Value | $496,496 |
Housing Distribution
Address Breakdown
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lily Moore • Lily Moore Realty
Mls Name: NTREIS
Mls ID: #21045329
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.