605 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
Rental property for sale in Denton at 605 Neptune Dr, Denton, TX, 76209 priced at $299,900 converts $2,264/mo rent into $131/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,264/mo, and annual cash flow totals $1,575/yr on $99,417 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 9.06% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 112.57% and total cumulative return in cash sums $111,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,264/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1965
7,884 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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