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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 704 Kelsie Ln, Desoto, TX, 75115 priced at $295,000 pairs $2,544/mo rent with $446/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,544/mo, and annual cash flow comes to $5,353/yr on $97,793 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 10.35% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 133.45% and total cumulative return in cash reaches $130,502. For financing, Ziffy Mortgage’s DSCR program evaluates $2,544/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
8,232 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $4250.32 | 11.90% | $253,040 | -7.01% |
| 2023-06-10 | $3798.29 | -13.04% | $272,110 | -2.50% |
| 2022-06-10 | $4367.78 | -0.06% | $279,090 | 40.16% |
Listed by: Gary Bisha • My Castle Realty
Mls Name: NTREIS
Mls ID: #20964253
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.
