1036 Oak Meadow LnDesotoTX75115
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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 Desoto at 1036 Oak Meadow Ln, Desoto, TX, 75115 with 5% annual appreciation on a $339,900 basis while $3,070/mo rent supports operations. Total monthly income totals $3,070/mo and a $1,664/mo payment preserves $581/mo for cash returns. Annual cash flow comes to $6,967/yr on $112,677 deployed, and return on cash invested reaches 26.09% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 10.84%. Five-year ROI measures 137.5% and total cumulative return in cash totals $154,931.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,070/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75115, Desoto, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,700
Single Family
17,279
Multi-Family
4,421
Businesses
1,104
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Listed by: Evan Laws • Corey Simpson & Associates
Mls Name: NTREIS
Mls ID: #20801205
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.