1704 Cordero CtDentonTX76210
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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 1704 Cordero Ct, Denton, TX, 76210 offers $5,098/mo rent that, after a $2,521/mo payment, leaves $1,435/mo cash flow. Total monthly income is $5,098/mo, and annual cash flow is $17,225/yr on $169,435 cash. Return on cash invested measures 30.23% in year one, and rental yield stands at 11.88% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 159.36% and total cumulative return in cash reaches $270,013. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,098/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,280 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: Texas Tammy • CENTURY 21 JUDGE FITE CO.
Mls Name: NTREIS
Mls ID: #20700267
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.