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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 Roanoke at 3833 Denridge Ln, Roanoke, TX, 76262 offers $3,236/mo rent that, after a $2,251/mo payment. Total monthly income is $3,236/mo. Return on cash invested measures 19.35% in year one, and rental yield stands at 8.44% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 101.18% and total cumulative return in cash reaches $154,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,236/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
$435 annually HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listed for sale | $460,000 |
| 2019-08-14 | Sold | N/A |
| 2019-07-31 | Pending sale | $294,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $5950.49 | 4.01% | $455,708 | 1.93% |
| 2023-05-08 | $5720.95 | 3.52% | $447,059 | 20.71% |
| 2022-05-08 | $5526.26 | 19.50% | $370,357 | 22.14% |
Listed by: Bonnie Knutz • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20926837
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.
