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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 Corinth at 4108 Pine Glen Rd, Corinth, TX, 76208 priced at $554,000 converts $3,704/mo rent into after a $2,712/mo obligation. Total monthly income equals $3,704/mo. Return on cash invested prints 18.51% in year one, and rental yield reads 8.02% against a $554,000 entry. Equity gained on principal adds $3,575/yr, while 5% annual appreciation compiles into $153,060 by year five. Five-year ROI reaches 96.5% and total cumulative return in cash sums $175,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,704/mo property income covering a $2,712/mo payment, not borrower’s personal income.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 6,807 (54.1%) |
| Renter Occupied HU | 4,966 (39.5%) |
| Vacant Housing Units | 813 ( 6.5%) |
| Median Home Value | $443,003 |
| Average Home Value | $507,298 |
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Price change | $554,000 |
| 2024-07-12 | Price change | $574,000 |
| 2024-06-13 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $7419.99 | -10.03% | $441,650 | 10.00% |
| 2022-08-15 | $8246.74 | 2.96% | $401,500 | 5.18% |
| 2021-08-15 | $8009.68 | 1.88% | $381,718 | 8.75% |
Listed by: Fred Hensley • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20618580
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.
