Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Mockingbird Ln, Desoto, TX, 75115 offers $2,488/mo rent that, after a $1,512/mo payment, leaves $291/mo cash flow. Total monthly income is $2,488/mo, and annual cash flow is $3,493/yr on $102,434 cash. Return on cash invested measures 23.32% in year one, and rental yield stands at 9.66% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 122.37% and total cumulative return in cash reaches $125,345. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,488/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
9,069 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 |
|---|---|---|
| 2025-02-12 | Price change | $309,000 |
| 2025-01-29 | Listed for sale | $312,000 |
| 2022-09-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4567.51 | -13.71% | $283,440 | N/A |
| 2023-02-12 | $5293.32 | 112.78% | $283,440 | 11.16% |
| 2022-02-12 | $2487.74 | 5.84% | $254,980 | 38.58% |
Listed by: Shirley Reel • Personal Acquisition Mgmt
Mls Name: NTREIS
Mls ID: #20828754
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.
