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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 Denton at 3808 Montecito Dr, Denton, TX, 76205 generates $2,639/mo in rent, after a $3,720/mo payment. Total monthly income is $2,639/mo. Return on cash invested sits at 6.79% in year one, and rental yield is 4.17% on a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,974 over five years. Five-year ROI reaches 33.67% and total cumulative return in cash sums $84,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76205, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,387 (100%) |
| Owner Occupied HU | 3,048 (32.5%) |
| Renter Occupied HU | 5,615 (59.8%) |
| Vacant Housing Units | 724 ( 7.7%) |
| Median Home Value | $409,452 |
| Average Home Value | $586,065 |
Residential
7,769
Single Family
4,530
Multi-Family
3,239
Businesses
887
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: SUSAN COOKSEY • CENTURY 21 JUDGE FITE CO.
Mls Name: NTREIS
Mls ID: #21030473
