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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% |
Investment property for sale in Corinth at 3102 Hidden Springs Dr, Corinth, TX, 76210 listed at $569,000 pairs $3,334/mo rent with a $2,785/mo payment. Total monthly income runs $3,334/mo. Return on cash invested measures 15.31% in year one, and rental yield registers 7.03% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 79.42% and total cumulative return in cash totals $148,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,334/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2019-06-10 | Sold | N/A |
| 2019-05-17 | Listed for sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-13 | $4032.41 | 5.18% | $497,358 | 10.00% |
| 2023-06-13 | $3833.81 | -29.89% | $452,144 | 10.00% |
| 2022-06-13 | $5467.92 | 1.98% | $411,040 | 10.00% |
Listed by: Chrissy Mallouf • REAL Broker, LLC
Mls Name: NTREIS
Mls ID: #20948102
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.
