1313 Honey Creek 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
Rental property for sale in Desoto at 1313 Honey Creek Dr, Desoto, TX, 75115 priced at $377,340 pairs $3,135/mo rent with $422/mo cash flow after a $1,847/mo payment. Total monthly income equals $3,135/mo, and annual cash flow comes to $5,069/yr on $125,088 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 9.97% on a $377,340 basis. Equity gained on principal adds $2,435/yr, and 5% annual appreciation accumulates to $104,252 by year five. Five-year ROI measures 125.9% and total cumulative return in cash reaches $157,481. For financing, Ziffy Mortgage’s DSCR program evaluates $3,135/mo property income against a $1,847/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
7,649 sqft lot
$N/A/sqft
$350 annually 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: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20813406
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.