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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1624 Mockingbird Ln, Desoto, TX, 75115 with 5% annual appreciation on a $340,000 basis while $3,050/mo rent supports operations. Total monthly income totals $3,050/mo and a $1,664/mo payment preserves $381/mo for cash returns. Annual cash flow comes to $4,576/yr on $112,710 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 10.76%. Five-year ROI measures 126.82% and total cumulative return in cash totals $142,938.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,050/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
7,753 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-18 | Listed for sale | $340,000 |
| 2024-10-09 | Listing removed | $351,000 |
| 2024-09-30 | Price change | $351,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $8655.94 | -0.86% | $379,110 | N/A |
| 2023-12-27 | $8731.43 | 9.48% | $379,110 | 20.23% |
| 2022-12-27 | $7975.45 | 9.92% | $315,310 | 17.62% |
Listed by: Josh Mills • Relo Radar
Mls Name: NTREIS
Mls ID: #20799437
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.
