962 Reeves 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 962 Reeves Dr, Desoto, TX, 75115 listed at $572,210 pairs $3,886/mo rent with a $2,801/mo payment. Total monthly income runs $3,886/mo. Return on cash invested measures 18.89% in year one, and rental yield registers 8.15% at a $572,210 basis. Equity gained on principal adds $3,692/yr, and annual property appreciation at 5% supports $158,091 by year five. Five-year ROI tracks 98.57% and total cumulative return in cash totals $185,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,886/mo property income relative to a $2,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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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