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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% |
Investment property for sale in Desoto at 829 Canyon Pl, Desoto, TX, 75115 offers a 9.89% rental yield on a $365,000 purchase with $3,008/mo rent. Total monthly income registers $3,008/mo, and a $1,786/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,292/yr on $120,998 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 119.16% and total cumulative return in cash at $144,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,008/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5,532 sqft lot
$N/A/sqft
$280 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 |
|---|---|---|
| 2025-04-12 | Listed for sale | $365,000 |
| 2023-12-23 | Listing removed | N/A |
| 2023-12-19 | Price change | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $7443.32 | 9.18% | $326,000 | 10.13% |
| 2023-04-12 | $6817.75 | -8.95% | $296,020 | N/A |
| 2022-04-12 | $7487.54 | 37.64% | $296,020 | 27.77% |
Listed by: Armando Cerezo • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20900619
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.
