Sonata Plan, Kings RidgeDentonTX76207
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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 Denton at Sonata Plan, Kings Ridge, Denton, TX, 76207 priced at $408,999 pairs $4,556/mo rent with $1,647/mo cash flow after a $2,002/mo payment. Total monthly income equals $4,556/mo, and annual cash flow comes to $19,769/yr on $135,583 invested. Return on cash invested is 34.49% in year one, and rental yield stands at 13.37% on a $408,999 basis. Equity gained on principal adds $2,639/yr, and 5% annual appreciation accumulates to $112,999 by year five. Five-year ROI measures 182.25% and total cumulative return in cash reaches $247,101. For financing, Ziffy Mortgage’s DSCR program evaluates $4,556/mo property income against a $2,002/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76207, Denton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,299
Single Family
7,622
Multi-Family
2,677
Businesses
417
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