1501 Mockingbird LnDesotoTX75115
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Nearby investment properties with comparable prices
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 1501 Mockingbird Ln, Desoto, TX, 75115 at $368,800 posts ROI 22.95% with $310/mo cash flow from $2,932/mo rent. Total monthly income equals $2,932/mo, and annual cash flow records $3,714/yr on $122,257 to close. Return on cash invested measures 22.95% and rental yield reads 9.54% at the current $368,800. Equity gained on principal adds $2,380/yr, and 5% annual appreciation supports $101,893 by year five. Five-year ROI prints 120.37% and total cumulative return in cash totals $147,156.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,932/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
7,710 sqft 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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Listed by: Kevin Mcdonald • United Real Estate
Mls Name: NTREIS
Mls ID: #20896492
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.