622 E Heron StDenisonTX75021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 622 E Heron St, Denison, TX, 75021 with 5% annual appreciation on a $219,990 basis while $1,854/mo rent supports operations. Total monthly income totals $1,854/mo and a $1,077/mo payment preserves $289/mo for cash returns. Annual cash flow comes to $3,472/yr on $72,927 deployed, and return on cash invested reaches 24.67% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,779 alongside rental yield of 10.11%. Five-year ROI measures 129.64% and total cumulative return in cash totals $94,544.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
5,183 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75021, Denison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 2,705 (67.4%) |
| Renter Occupied HU | 901 (22.5%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $248,003 |
| Average Home Value | $284,767 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,837
Multi-Family
0
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices