1640 Ash LnCorinthTX76210
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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 Corinth at 1640 Ash Ln, Corinth, TX, 76210 priced at $398,750 pairs $3,022/mo rent with $186/mo cash flow after a $1,952/mo payment. Total monthly income equals $3,022/mo, and annual cash flow comes to $2,233/yr on $132,186 invested. Return on cash invested is 21.6% in year one, and rental yield stands at 9.09% on a $398,750 basis. Equity gained on principal adds $2,573/yr, and 5% annual appreciation accumulates to $110,167 by year five. Five-year ROI measures 113.15% and total cumulative return in cash reaches $149,563. For financing, Ziffy Mortgage’s DSCR program evaluates $3,022/mo property income against a $1,952/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
7,649 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,620 (100%) |
| Owner Occupied HU | 12,637 (71.7%) |
| Renter Occupied HU | 4,554 (25.8%) |
| Vacant Housing Units | 429 ( 2.4%) |
| Median Home Value | $388,162 |
| Average Home Value | $438,547 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
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Listed by: Sitra Seman • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20740998
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.