702 Village Green DrDesotoTX75115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 702 Village Green Dr, Desoto, TX, 75115 at $476,000 posts ROI 22.97% with $402/mo cash flow from $4,499/mo rent. Total monthly income equals $4,499/mo, and annual cash flow records $4,824/yr on $157,794 to close. Return on cash invested measures 22.97% and rental yield reads 11.34% at the current $476,000. Equity gained on principal adds $3,072/yr, and 5% annual appreciation supports $131,510 by year five. Five-year ROI prints 122.39% and total cumulative return in cash totals $193,125.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,499/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.30 Acres lot
$N/A/sqft
$700 other 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karnesha Williams • Rogers Healy and Associates
Mls Name: NTREIS
Mls ID: #20562096
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.