708 Morse StDentonTX76205
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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 708 Morse St, Denton, TX, 76205 uses $49,725 cash to close to unlock $1,530/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $734/mo payment keeps the spread at $128/mo. Purchase price stands at $150,000, and rental yield measures 9.55% with $1,194/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 120.6% and total cumulative return in cash records $59,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76205, Denton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,387 (100%) |
| Owner Occupied HU | 3,048 (32.5%) |
| Renter Occupied HU | 5,615 (59.8%) |
| Vacant Housing Units | 724 ( 7.7%) |
| Median Home Value | $409,452 |
| Average Home Value | $586,065 |
Housing Distribution
Address Breakdown
Residential
7,769
Single Family
4,530
Multi-Family
3,239
Businesses
887
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