722 E Walker StDenisonTX75021
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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 Denison at 722 E Walker St, Denison, TX, 75021 uses $72,599 cash to close to unlock $2,911/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,072/mo payment keeps the spread at $243/mo. Purchase price stands at $219,000, and rental yield measures 9.86% with $1,800/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash records $91,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,016 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: Jeff Dowden • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #21028998
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.