3504 Riviera CtDentonTX76207
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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 3504 Riviera Ct, Denton, TX, 76207 offers a 9.95% rental yield on a $480,000 purchase with $3,978/mo rent. Total monthly income registers $3,978/mo, and a $2,349/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,263/yr on $159,120 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 125.26% and total cumulative return in cash at $199,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,978/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,011 sqft lot
$N/A/sqft
$450 annually 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: Amanda Major • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20975253
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.