








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 1405 Honey Creek Dr, Desoto, TX, 75115 priced at $352,840 converts $2,544/mo rent into $6/mo cash flow after a $1,727/mo obligation. Total monthly income equals $2,544/mo, and annual cash flow totals $68/yr on $116,966 invested. Return on cash invested prints 19.97% in year one, and rental yield reads 8.65% against a $352,840 entry. Equity gained on principal adds $2,277/yr, while 5% annual appreciation compiles into $97,483 by year five. Five-year ROI reaches 104.48% and total cumulative return in cash sums $122,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,544/mo property income covering a $1,727/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2025-03-15 | Listed for sale | $352,840 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20871349
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.