700 W Parnell StDenisonTX75020
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 700 W Parnell St, Denison, TX, 75020 at $268,000 posts ROI 21.62% with $127/mo cash flow from $2,033/mo rent. Total monthly income equals $2,033/mo, and annual cash flow records $1,523/yr on $88,842 to close. Return on cash invested measures 21.62% and rental yield reads 9.1% at the current $268,000. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 by year five. Five-year ROI prints 113.24% and total cumulative return in cash totals $100,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Moran • EXP REALTY
Mls Name: NTREIS
Mls ID: #20733319
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.