3705 Magnolia CtDenisonTX75020
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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 Denison at 3705 Magnolia Ct, Denison, TX, 75020 priced at $648,000 pairs $4,162/mo rent with after a $3,172/mo payment. Total monthly income equals $4,162/mo. Return on cash invested is 16.98% in year one, and rental yield stands at 7.71% on a $648,000 basis. Equity gained on principal adds $4,181/yr, and 5% annual appreciation accumulates to $179,030 by year five. Five-year ROI measures 88.52% and total cumulative return in cash reaches $188,722. For financing, Ziffy Mortgage’s DSCR program evaluates $4,162/mo property income against a $3,172/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
$240 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75020, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 6,810 (56.1%) |
| Renter Occupied HU | 3,880 (31.9%) |
| Vacant Housing Units | 1,455 (12.0%) |
| Median Home Value | $237,683 |
| Average Home Value | $309,461 |
Housing Distribution
Address Breakdown
Residential
11,273
Single Family
9,912
Multi-Family
1,361
Businesses
927
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Listed by: Rhonda Salicos • Easy Life Realty
Mls Name: NTREIS
Mls ID: #20901668
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.