508 Neptune DrDentonTX76209
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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 508 Neptune Dr, Denton, TX, 76209 with 5% annual appreciation on a $279,999 basis while $2,093/mo rent supports operations. Total monthly income totals $2,093/mo and a $1,370/mo payment preserves $92/mo for cash returns. Annual cash flow comes to $1,105/yr on $92,820 deployed, and return on cash invested reaches 21.1% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.97%. Five-year ROI measures 110.53% and total cumulative return in cash totals $102,596.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,093/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76209, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,104 (43.3%) |
| Renter Occupied HU | 5,907 (50.1%) |
| Vacant Housing Units | 774 ( 6.6%) |
| Median Home Value | $335,497 |
| Average Home Value | $488,296 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
9,490
Multi-Family
2,112
Businesses
284
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Listed by: Stephanie Perry • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20968861
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.