1802 Oak Hill DrCorinthTX76210
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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 Corinth at 1802 Oak Hill Dr, Corinth, TX, 76210 with 5% annual appreciation on a $287,000 basis while $3,649/mo rent supports operations. Total monthly income totals $3,649/mo and a $1,405/mo payment preserves $1,608/mo for cash returns. Annual cash flow comes to $19,294/yr on $95,141 deployed, and return on cash invested reaches 40.19% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,293 alongside rental yield of 15.26%. Five-year ROI measures 212.8% and total cumulative return in cash totals $202,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,649/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
9,452 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: Katherine Allen • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20657368
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.