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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 1109 Ashford Dr, Desoto, TX, 75115 generates $2,484/mo in rent, after a $1,713/mo payment. Total monthly income is $2,484/mo. Return on cash invested sits at 19.86% in year one, and rental yield is 8.52% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 103.81% and total cumulative return in cash sums $120,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,484/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
8,189 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Woodland • Mainstay Brokerage LLC
Mls Name: NTREIS
Mls ID: #21094166
