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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 2649 Amistad Ln, Corinth, TX, 76210 priced at $422,651 converts $2,634/mo rent into after a $2,069/mo obligation. Total monthly income equals $2,634/mo. Return on cash invested prints 16.19% in year one, and rental yield reads 7.48% against a $422,651 entry. Equity gained on principal adds $2,727/yr, while 5% annual appreciation compiles into $116,771 by year five. Five-year ROI reaches 84.3% and total cumulative return in cash sums $118,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $2,069/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2,613 sqft lot
$N/A/sqft
$750 annually 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 |
|---|---|---|
| 2024-11-22 | Price change | $422,651 |
| 2024-11-04 | Price change | $425,651 |
| 2024-10-24 | Price change | $420,651 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patrick Mcgrath • Meritage Homes Realty
Mls Name: NTREIS
Mls ID: #20794195
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.
