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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Denton at 8712 Latite Ln, Denton, TX, 76207 with 5% annual appreciation on a $1,190,000 basis while $2,514/mo rent supports operations. 89% in year one. Equity gained on principal adds $7,679/yr, and five-year appreciation sums $328,775 alongside rental yield of 2.54%. Five-year ROI measures 2.34% and total cumulative return in cash totals $9,004. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,514/mo property income versus a $5,824/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
9,147 sqft lot
$N/A/sqft
$1,870 semi-annually HOA
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,908 (100%) |
| Owner Occupied HU | 6,946 (58.3%) |
| Renter Occupied HU | 3,780 (31.7%) |
| Vacant Housing Units | 1,182 ( 9.9%) |
| Median Home Value | $422,245 |
| Average Home Value | $496,496 |
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Listed for sale | $1,190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20683807
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.
