636 Martin 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
Rental property for sale in Desoto at 636 Martin Dr, Desoto, TX, 75115 priced at $340,000 converts $2,921/mo rent into $503/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,921/mo, and annual cash flow totals $6,040/yr on $112,710 invested. Return on cash invested prints 25.27% in year one, and rental yield reads 10.31% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 132.81% and total cumulative return in cash sums $149,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,921/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2011
7,927 sqft 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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