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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Denton at 1808 McCormick St, Denton, TX, 76205 listed at $190,000 pairs $1,780/mo rent with a $930/mo payment to leave $429/mo cash flow. Total monthly income runs $1,780/mo, and annual cash flow reaches $5,146/yr on $62,985 cash to close. Return on cash invested measures 28.08% in year one, and rental yield registers 11.24% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 147.88% and total cumulative return in cash totals $93,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,780/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76205, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,387 (100%) |
| Owner Occupied HU | 3,048 (32.5%) |
| Renter Occupied HU | 5,615 (59.8%) |
| Vacant Housing Units | 724 ( 7.7%) |
| Median Home Value | $409,452 |
| Average Home Value | $586,065 |
Residential
7,769
Single Family
4,530
Multi-Family
3,239
Businesses
887
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Edwena Potter • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21134723
