1244 Joseph Earl DrDesotoTX75115
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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 1244 Joseph Earl Dr, Desoto, TX, 75115 earns $540/mo cash flow from $4,800/mo rent with a $2,932/mo payment. Total monthly income totals $4,800/mo, and annual cash flow totals $6,482/yr on $197,077 capital. ROI tracks 23.35% on current figures, and rental yield reads 9.62% at a $599,019 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,498 over five years. Five-year ROI reaches 122.49% and total cumulative return in cash sums $241,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 2024
0.33 Acres 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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