3425 Serendipity Hills TrlCorinthTX76210
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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 Corinth at 3425 Serendipity Hills Trl, Corinth, TX, 76210 priced at $766,000 pairs $6,662/mo rent with $1,198/mo cash flow after a $3,749/mo payment. Total monthly income equals $6,662/mo, and annual cash flow comes to $14,380/yr on $252,014 invested. Return on cash invested is 25.77% in year one, and rental yield stands at 10.44% on a $766,000 basis. Equity gained on principal adds $4,943/yr, and 5% annual appreciation accumulates to $211,632 by year five. Five-year ROI measures 135.47% and total cumulative return in cash reaches $341,413. For financing, Ziffy Mortgage’s DSCR program evaluates $6,662/mo property income against a $3,749/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
1.01 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76210, Denton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
14,781
Multi-Family
2,527
Businesses
613
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Listed by: Robin M St John • RE/MAX Cross Country
Mls Name: NTREIS
Mls ID: #20678191
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.