516 E Heron StDenisonTX75021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Denison at 516 E Heron St, Denison, TX, 75021 priced at $244,500 pairs $1,702/mo rent with after a $1,197/mo payment. Total monthly income equals $1,702/mo. Return on cash invested is 19.36% in year one, and rental yield stands at 8.35% on a $244,500 basis. Equity gained on principal adds $1,578/yr, and 5% annual appreciation accumulates to $67,551 by year five. Five-year ROI measures 101.18% and total cumulative return in cash reaches $82,007. For financing, Ziffy Mortgage’s DSCR program evaluates $1,702/mo property income against a $1,197/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75021, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,705 (67.4%) |
| Renter Occupied HU | 901 (22.5%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $248,003 |
| Average Home Value | $284,767 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,837
Multi-Family
0
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices