3104 Frances DrDenisonTX75020
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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
Investment property for sale in Denison at 3104 Frances Dr, Denison, TX, 75020 uses $116,025 cash to close to unlock $4,142/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $2,834/mo, and a $1,713/mo payment keeps the spread at $345/mo. Purchase price stands at $350,000, and rental yield measures 9.72% with $2,834/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.22% and total cumulative return in cash records $142,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,834/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75020, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 6,810 (56.1%) |
| Renter Occupied HU | 3,880 (31.9%) |
| Vacant Housing Units | 1,455 (12.0%) |
| Median Home Value | $237,683 |
| Average Home Value | $309,461 |
Housing Distribution
Address Breakdown
Residential
11,273
Single Family
9,912
Multi-Family
1,361
Businesses
927
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Listed by: Alex Cho • United Real Estate Family
Mls Name: NTREIS
Mls ID: #20615296
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.