708 W Main StDenisonTX75020
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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
Rental property for sale in Denison at 708 W Main St, Denison, TX, 75020 offers $1,873/mo rent that, after a $1,547/mo payment. Total monthly income is $1,873/mo. Return on cash invested measures 15.62% in year one, and rental yield stands at 7.11% at a $316,000 entry. Equity gained on principal adds $2,039/yr while 5% annual appreciation compounds into $87,305 by year five. Five-year ROI records 81.07% and total cumulative return in cash reaches $84,919. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $1,547/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,011 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
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