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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Denton at 6121 Photinia Ave, Denton, TX, 76208 offers $3,704/mo rent that, after a $2,056/mo payment, leaves $680/mo cash flow. Total monthly income is $3,704/mo, and annual cash flow is $8,154/yr on $139,230 cash. Return on cash invested measures 25.77% in year one, and rental yield stands at 10.58% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 135.59% and total cumulative return in cash reaches $188,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,704/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
6,403 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 6,807 (54.1%) |
| Renter Occupied HU | 4,966 (39.5%) |
| Vacant Housing Units | 813 ( 6.5%) |
| Median Home Value | $443,003 |
| Average Home Value | $507,298 |
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
Date | Event | Price |
|---|---|---|
| 2024-06-23 | Price change | $420,000 |
| 2024-05-28 | Price change | $429,900 |
| 2024-05-03 | Listed for sale | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $6080.85 | -10.30% | $381,150 | 10.00% |
| 2022-08-15 | $6778.84 | 5.48% | $346,500 | 8.62% |
| 2021-08-15 | $6426.42 | 6.15% | $319,000 | 10.00% |
Listed by: Chrissy Mallouf • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20602471
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.
