1838 S Park AveDenisonTX75020
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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 Denison at 1838 S Park Ave, Denison, TX, 75020 offers a 8.86% rental yield on a $509,000 purchase with $3,760/mo rent. Total monthly income registers $3,760/mo, and a $2,491/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,689/yr on $167,461 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 110.25% and total cumulative return in cash at $184,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,760/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75020, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 6,810 (56.1%) |
| Renter Occupied HU | 3,880 (31.9%) |
| Vacant Housing Units | 1,455 (12.0%) |
| Median Home Value | $237,683 |
| Average Home Value | $309,461 |
Housing Distribution
Address Breakdown
Residential
11,273
Single Family
9,912
Multi-Family
1,361
Businesses
927
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