








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Desoto at 1609 Turtle Point Dr, Desoto, TX, 75115 at $520,000 posts ROI 23.43% with $480/mo cash flow from $4,182/mo rent. Total monthly income equals $4,182/mo, and annual cash flow records $5,762/yr on $171,080 to close. Return on cash invested measures 23.43% and rental yield reads 9.65% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 122.93% and total cumulative return in cash totals $210,311.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,182/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-02-06 | Price change | $520,000 |
| 2024-10-10 | Price change | $540,000 |
| 2024-09-30 | Listed for sale | $565,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $8340.73 | 11.26% | $485,000 | N/A |
| 2023-02-12 | $7496.28 | -7.85% | $485,000 | 35.24% |
| 2022-02-12 | $8135.02 | -8.65% | $358,620 | -2.50% |



Listed by: Brian Darden • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20618406
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.