2617 Hereford RdDentonTX76210
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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 2617 Hereford Rd, Denton, TX, 76210 generates $2,734/mo in rent and, after a $1,811/mo payment, leaves $103/mo in cash flow. Total monthly income is $2,734/mo, and annual cash flow is $1,234/yr on $122,655 invested. Return on cash invested sits at 20.92% in year one, and rental yield is 8.87% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 109.44% and total cumulative return in cash sums $134,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,734/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
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