Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 417 Raintree Cir, Desoto, TX, 75115 priced at $450,000 pairs $5,143/mo rent with $1,943/mo cash flow after a $2,203/mo payment. Total monthly income equals $5,143/mo, and annual cash flow comes to $23,310/yr on $149,175 invested. Return on cash invested is 35.53% in year one, and rental yield stands at 13.71% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 187.85% and total cumulative return in cash reaches $280,230. For financing, Ziffy Mortgage’s DSCR program evaluates $5,143/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
7,980 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 |
|---|---|---|
| 2024-06-08 | Listing removed | N/A |
| 2024-04-16 | Listed for sale | $450,000 |
| 2021-08-11 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5932.88 | -8.95% | $257,600 | N/A |
| 2022-08-14 | $6515.73 | -1.99% | $257,600 | 4.88% |
| 2021-08-14 | $6647.98 | 15.54% | $245,620 | 22.54% |
Listed by: Rachel Anderson • Rachel Anderson Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #48150545
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
