3245 Hartlee Field RdDentonTX76208
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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 Denton at 3245 Hartlee Field Rd, Denton, TX, 76208 with 5% annual appreciation on a $389,900 basis while $4,387/mo rent supports operations. Total monthly income totals $4,387/mo and a $1,908/mo payment preserves $1,615/mo for cash returns. Annual cash flow comes to $19,377/yr on $129,252 deployed, and return on cash invested reaches 34.9% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 13.5%. Five-year ROI measures 184.44% and total cumulative return in cash totals $238,393.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,387/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 6,807 (54.1%) |
| Renter Occupied HU | 4,966 (39.5%) |
| Vacant Housing Units | 813 ( 6.5%) |
| Median Home Value | $443,003 |
| Average Home Value | $507,298 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
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Listed by: Larry Mowatt • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20669560
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.