231 Ross 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
Rental property for sale in Denison at 231 Ross Ave, Denison, TX, 75020 priced at $238,000 converts $2,160/mo rent into $467/mo cash flow after a $1,165/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $5,609/yr on $78,897 invested. Return on cash invested prints 27.02% in year one, and rental yield reads 10.89% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 142.22% and total cumulative return in cash sums $112,210. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 1968
9,016 sqft 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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Listed by: DEBBIE HUDNALL • PARAGON, REALTORS
Mls Name: NTREIS
Mls ID: #20734745
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