2408 Fowler DrDentonTX76209
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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 Denton at 2408 Fowler Dr, Denton, TX, 76209 priced at $299,800 pairs $4,027/mo rent with $1,895/mo cash flow after a $1,467/mo payment. Total monthly income equals $4,027/mo, and annual cash flow comes to $22,745/yr on $99,384 invested. Return on cash invested is 42.8% in year one, and rental yield stands at 16.12% on a $299,800 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,829 by year five. Five-year ROI measures 226.8% and total cumulative return in cash reaches $225,405. For financing, Ziffy Mortgage’s DSCR program evaluates $4,027/mo property income against a $1,467/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76209, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,104 (43.3%) |
| Renter Occupied HU | 5,907 (50.1%) |
| Vacant Housing Units | 774 ( 6.6%) |
| Median Home Value | $335,497 |
| Average Home Value | $488,296 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
9,490
Multi-Family
2,112
Businesses
284
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Listed by: Ed Nadwodny • E 5 Realty
Mls Name: NTREIS
Mls ID: #20640193
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.