1905 W Morton St APT 5DenisonTX75020
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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 1905 W Morton St APT 5, Denison, TX, 75020 uses $53,040 cash to close to unlock $2,908/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $783/mo payment keeps the spread at $242/mo. Purchase price stands at $160,000, and rental yield measures 10.72% with $1,430/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 133.92% and total cumulative return in cash records $71,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $783/mo payment rather than investor’s personal income.
Townhouse
Built in 1962
2,134 sqft lot
$N/A/sqft
$50 monthly 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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Listed by: Ruby Benoit • INC REALTY, LLC
Mls Name: NTREIS
Mls ID: #20892503
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.