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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 3205 Athens Dr, Corinth, TX, 76210 priced at $369,000 converts $3,334/mo rent into $676/mo cash flow after a $1,806/mo obligation. Total monthly income equals $3,334/mo, and annual cash flow totals $8,115/yr on $122,324 invested. Return on cash invested prints 26.54% in year one, and rental yield reads 10.84% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 139.77% and total cumulative return in cash sums $170,967. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,334/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1997
7,535 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-01 | Price change | $369,000 |
| 2024-07-14 | Listed for sale | $373,000 |
| 2024-07-01 | Contingent | $373,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $6530.39 | -0.74% | $332,000 | 11.04% |
| 2022-08-15 | $6579.32 | 13.50% | $299,000 | 14.52% |
| 2021-08-15 | $5796.98 | 7.09% | $261,091 | 13.52% |
Listed by: Weilun Wang • 24-Hour Realty
Mls Name: NTREIS
Mls ID: #20606723
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.
