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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% |
Rental property for sale in Desoto at 1005 Raspberry Ln, Desoto, TX, 75115 offers $3,854/mo rent that, after a $1,713/mo payment, leaves $1,068/mo cash flow. Total monthly income is $3,854/mo, and annual cash flow is $12,816/yr on $115,992 cash. Return on cash invested measures 30.96% in year one, and rental yield stands at 13.22% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 164.42% and total cumulative return in cash reaches $190,710. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,854/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,799 sqft lot
$N/A/sqft
$997 annually HOA
Neighborhood data shown for ZIP Code: 75115, Desoto, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,601 (100%) |
| Owner Occupied HU | 14,276 (63.2%) |
| Renter Occupied HU | 7,569 (33.5%) |
| Vacant Housing Units | 756 ( 3.3%) |
| Median Home Value | $329,245 |
| Average Home Value | $362,947 |
Residential
21,700
Single Family
17,279
Multi-Family
4,421
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listed for sale | $349,900 |
| 2024-10-14 | Listing removed | $379,900 |
| 2024-10-05 | Contingent | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $8381.38 | 9.81% | $390,060 | -0.64% |
| 2023-12-27 | $7632.65 | -6.60% | $392,560 | 18.99% |
| 2022-12-27 | $8171.68 | 2.15% | $329,910 | 9.52% |
Listed by: Keyatta Johnson • The Vibe Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20612586
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.
