218 N Texas Blvd APT 105DentonTX76201
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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 Denton at 218 N Texas Blvd APT 105, Denton, TX, 76201 offers a 11.28% rental yield on a $172,900 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $846/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $700/yr on $57,316 to close, and return on cash invested stands at 21.13% in year one. Equity gained on principal adds $1,116/yr while 5% annual appreciation supports $47,769 over five years. Portfolio math shows five-year ROI at 113.24% and total cumulative return in cash at $64,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $846/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1.73 Acres lot
$N/A/sqft
$271 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76201, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,172 (100%) |
| Owner Occupied HU | 1,866 (12.3%) |
| Renter Occupied HU | 11,712 (77.2%) |
| Vacant Housing Units | 1,594 (10.5%) |
| Median Home Value | $338,679 |
| Average Home Value | $405,178 |
Housing Distribution
Address Breakdown
Residential
12,059
Single Family
6,743
Multi-Family
5,316
Businesses
1,451
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Listed by: John Adami • Adami & Associates Realty
Mls Name: NTREIS
Mls ID: #21030742
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.