3155 Solona CirDentonTX76207
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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 3155 Solona Cir, Denton, TX, 76207 priced at $335,000 converts $4,061/mo rent into $1,503/mo cash flow after a $1,640/mo obligation. Total monthly income equals $4,061/mo, and annual cash flow totals $18,041/yr on $111,053 invested. Return on cash invested prints 36.15% in year one, and rental yield reads 14.55% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 191.87% and total cumulative return in cash sums $213,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,061/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
4,356 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,908 (100%) |
| Owner Occupied HU | 6,946 (58.3%) |
| Renter Occupied HU | 3,780 (31.7%) |
| Vacant Housing Units | 1,182 ( 9.9%) |
| Median Home Value | $422,245 |
| Average Home Value | $496,496 |
Housing Distribution
Address Breakdown
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
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Listed by: Frank Parli • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20673748
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.