1704 Skyline DrDentonTX76207
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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
Investment property for sale in Denton at 1704 Skyline Dr, Denton, TX, 76207 uses $101,837 cash to close to unlock $6,408/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $2,719/mo, and a $1,504/mo payment keeps the spread at $534/mo. Purchase price stands at $307,200, and rental yield measures 10.62% with $2,719/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $84,874 over five years. Five-year ROI reaches 137.85% and total cumulative return in cash records $140,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,719/mo property income covering a $1,504/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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
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