700 Ashbrook 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 700 Ashbrook Dr, Desoto, TX, 75115 offers a 10.28% rental yield on a $277,700 purchase with $2,378/mo rent. Total monthly income registers $2,378/mo, and a $1,359/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,691/yr on $92,058 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $1,792/yr while 5% annual appreciation supports $76,723 over five years. Portfolio math shows five-year ROI at 131.43% and total cumulative return in cash at $120,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,378/mo property income against a $1,359/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
3,920 sqft lot
$N/A/sqft
$150 annually 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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Listed by: Gail Griggs • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20881683
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.