








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 516 Whetstone St, Desoto, TX, 75115 at $350,000 posts ROI 21.31% with $135/mo cash flow from $2,851/mo rent. Total monthly income equals $2,851/mo, and annual cash flow records $1,620/yr on $116,025 to close. Return on cash invested measures 21.31% and rental yield reads 9.77% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 112.44% and total cumulative return in cash totals $130,454.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,851/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
5,488 sqft lot
$N/A/sqft
$650 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 |
|---|---|---|
| 2025-08-15 | Listed for sale | $350,000 |
| 2025-07-02 | Listing removed | $361,200 |
| 2025-05-25 | Listed for sale | $361,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $7883.82 | 10.60% | $417,650 | 9.07% |
| 2023-08-15 | $7128.02 | -7.40% | $382,930 | 12.70% |
| 2022-08-15 | $7697.45 | 1.42% | $339,790 | 21.17% |



Listed by: Lance Carter • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #21021449
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.