1700 Carriage 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
Investment property for sale in Desoto at 1700 Carriage Creek Dr, Desoto, TX, 75115 uses $185,885 cash to close to unlock $5,551/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $4,480/mo, and a $2,765/mo payment keeps the spread at $463/mo. Purchase price stands at $565,000, and rental yield measures 9.52% with $4,480/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 120.86% and total cumulative return in cash records $224,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,480/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.27 Acres 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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