618 W Collins StDentonTX76201
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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 618 W Collins St, Denton, TX, 76201 priced at $250,000 pairs $1,813/mo rent with $35/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,813/mo, and annual cash flow comes to $418/yr on $82,875 invested. Return on cash invested is 20.41% in year one, and rental yield stands at 8.7% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 106.74% and total cumulative return in cash reaches $88,462. For financing, Ziffy Mortgage’s DSCR program evaluates $1,813/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76201, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,172 (100%) |
| Owner Occupied HU | 1,866 (12.3%) |
| Renter Occupied HU | 11,712 (77.2%) |
| Vacant Housing Units | 1,594 (10.5%) |
| Median Home Value | $338,679 |
| Average Home Value | $405,178 |
Housing Distribution
Address Breakdown
Residential
12,059
Single Family
6,743
Multi-Family
5,316
Businesses
1,451
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