704 Denali CtTolarTX76476
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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 Tolar at 704 Denali Ct, Tolar, TX, 76476 uses $104,389 cash to close to unlock $972/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $2,345/mo, and a $1,541/mo payment keeps the spread at $81/mo. Purchase price stands at $314,900, and rental yield measures 8.94% with $2,345/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 109.14% and total cumulative return in cash records $113,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,345/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 2014
5,401 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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Listed by: Amy Kuykendall • Elevate Realty Group
Mls Name: NTREIS
Mls ID: #20786228
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.