5332 Elk Ridge DrDentonTX76207
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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 5332 Elk Ridge Dr, Denton, TX, 76207 priced at $317,490 pairs $2,514/mo rent with $227/mo cash flow after a $1,554/mo payment. Total monthly income equals $2,514/mo, and annual cash flow comes to $2,725/yr on $105,248 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 9.5% on a $317,490 basis. Equity gained on principal adds $2,049/yr, and 5% annual appreciation accumulates to $87,717 by year five. Five-year ROI measures 118.09% and total cumulative return in cash reaches $124,291. For financing, Ziffy Mortgage’s DSCR program evaluates $2,514/mo property income against a $1,554/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,908 (100%) |
| Owner Occupied HU | 6,946 (58.3%) |
| Renter Occupied HU | 3,780 (31.7%) |
| Vacant Housing Units | 1,182 ( 9.9%) |
| Median Home Value | $422,245 |
| Average Home Value | $496,496 |
Housing Distribution
Address Breakdown
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
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Listed by: David Clinton • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #20919538
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.