6407 Crapemyrtle DrDentonTX76208
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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 Denton at 6407 Crapemyrtle Dr, Denton, TX, 76208 uses $222,075 cash to close to unlock $17,135/yr annual cash flow and $1,428/mo monthly cash flow. Total monthly income runs $6,264/mo, and a $3,304/mo payment keeps the spread at $1,428/mo. Purchase price stands at $675,000, and rental yield measures 11.14% with $6,264/mo rent. Return on cash invested shows 27.78% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 146.28% and total cumulative return in cash records $324,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,264/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.32 Acres lot
$N/A/sqft
$430 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76208, Denton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
8,219
Multi-Family
3,228
Businesses
413
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Listed by: Lee Shanklin • Real T Team by eXp
Mls Name: NTREIS
Mls ID: #20594560
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.