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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Corinth at 2600 Wellington Ln, Corinth, TX, 76210 priced at $440,772 pairs $3,334/mo rent with $200/mo cash flow after a $2,157/mo payment. Total monthly income equals $3,334/mo, and annual cash flow comes to $2,400/yr on $146,116 invested. Return on cash invested is 21.55% in year one, and rental yield stands at 9.08% on a $440,772 basis. Equity gained on principal adds $2,844/yr, and 5% annual appreciation accumulates to $121,777 by year five. Five-year ROI measures 112.84% and total cumulative return in cash reaches $164,881. For financing, Ziffy Mortgage’s DSCR program evaluates $3,334/mo property income against a $2,157/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,620 (100%) |
| Owner Occupied HU | 12,637 (71.7%) |
| Renter Occupied HU | 4,554 (25.8%) |
| Vacant Housing Units | 429 ( 2.4%) |
| Median Home Value | $388,162 |
| Average Home Value | $438,547 |
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
Date | Event | Price |
|---|---|---|
| 2024-12-09 | Sold | N/A |
| 2024-11-12 | Pending sale | $440,772 |
| 2024-11-04 | Price change | $440,772 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Julie Moore • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A
