703 E Gandy StDenisonTX75021
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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
Rental property for sale in Denison at 703 E Gandy St, Denison, TX, 75021 offers $1,174/mo rent that, after a $710/mo payment, leaves $81/mo cash flow. Total monthly income is $1,174/mo, and annual cash flow is $969/yr on $48,068 cash. Return on cash invested measures 21.92% in year one, and rental yield stands at 9.72% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 115.45% and total cumulative return in cash reaches $55,496. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,174/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,492 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
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Listed by: Tezerae Herbert • Monument Realty
Mls Name: NTREIS
Mls ID: #20841071
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.