616 & 618 Rice StDenisonTX75020
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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
Investment property for sale in Denison at 616 & 618 Rice St, Denison, TX, 75020 earns $94/mo cash flow from $1,268/mo rent with a $808/mo payment. Total monthly income totals $1,268/mo, and annual cash flow totals $1,131/yr on $54,698 capital. ROI tracks 21.98% on current figures, and rental yield reads 9.22% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 115.2% and total cumulative return in cash sums $63,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,268/mo property income instead of your personal income.
Single Family
Built in 1930
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75020, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 6,810 (56.1%) |
| Renter Occupied HU | 3,880 (31.9%) |
| Vacant Housing Units | 1,455 (12.0%) |
| Median Home Value | $237,683 |
| Average Home Value | $309,461 |
Housing Distribution
Address Breakdown
Residential
11,273
Single Family
9,912
Multi-Family
1,361
Businesses
927
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Listed by: Cory Meals • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20945604
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.