602 N Denison StBellsTX75414
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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 Bells at 602 N Denison St, Bells, TX, 75414 offers $1,337/mo rent that, after a $832/mo payment, leaves $128/mo cash flow. Total monthly income is $1,337/mo, and annual cash flow is $1,538/yr on $56,355 cash. Return on cash invested measures 22.64% in year one, and rental yield stands at 9.44% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 118.75% and total cumulative return in cash reaches $66,921. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,337/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75414, Bells, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 1,139 (76.5%) |
| Renter Occupied HU | 249 (16.7%) |
| Vacant Housing Units | 101 ( 6.8%) |
| Median Home Value | $303,639 |
| Average Home Value | $352,864 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
64
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Listed by: Brittany Stewart • EXP REALTY
Mls Name: NTREIS
Mls ID: #21028834
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.