508 SaddleDentonTX76205
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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 Denton at 508 Saddle, Denton, TX, 76205 priced at $699,900 pairs $1,949/mo rent with after a $3,426/mo payment. Total monthly income equals $1,949/mo. Return on cash invested is 4.02% in year one, and rental yield stands at 3.34% on a $699,900 basis. Equity gained on principal adds $4,516/yr, and 5% annual appreciation accumulates to $193,369 by year five. Five-year ROI measures 18.91% and total cumulative return in cash reaches $43,544. For financing, Ziffy Mortgage’s DSCR program evaluates $1,949/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76205, Denton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,769
Single Family
4,530
Multi-Family
3,239
Businesses
887
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Listed by: Chioma Oboli • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20773917
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.