








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Shady Shores at 201 Paradise Cv, Shady Shores, TX, 76208 offers $4,289/mo rent that, after a $7,097/mo payment. Total monthly income is $4,289/mo. Return on cash invested measures 4.73% in year one, and rental yield stands at 3.55% at a $1,450,000 entry. Equity gained on principal adds $9,357/yr while 5% annual appreciation compounds into $400,608 by year five. Five-year ROI records 22.68% and total cumulative return in cash reaches $106,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,289/mo property income versus a $7,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.50 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 6,807 (54.1%) |
| Renter Occupied HU | 4,966 (39.5%) |
| Vacant Housing Units | 813 ( 6.5%) |
| Median Home Value | $443,003 |
| Average Home Value | $507,298 |
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $1,450,000 |
| 2023-07-10 | Listing removed | N/A |
| 2023-06-26 | Listed for rent | $4,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $13887.55 | -2.16% | $849,000 | -1.39% |
| 2023-04-15 | $14193.47 | -3.27% | $861,000 | 10.38% |
| 2022-04-15 | $14673.77 | 24.14% | $780,000 | 26.47% |



Listed by: Kayli Coffman • Gallery Realtors
Mls Name: NTREIS
Mls ID: #20904051
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.