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Desoto, TX Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,932
Monthly Cash Flow
$395
Principal + Equity
$2,238
Annual Total Gain
$31,593
Cash on Cash
5.92%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$269
Occupancy Rate
54.17%
Monthly Revenue
$3,420
Monthly Cash Flow
$1,370
Principal + Equity
$2,238
Annual Total Gain
$43,296
Cash on Cash %
20.54%
Net ROI %
Market Health & Growth
Median Income
$83,256
Population
55,896
LTR Renter %
29.5%
Forecast (1 yr)
0%
Appreciation (1 yr)
-3.7%
Appreciation (5 yr)
35.74%
Appreciation (10 yr)
105.45%
Job Growth
0%
LTR Rentability
Low
STR Demand
47
STR Rentals
47
Top Public Schools
ASchool for the Talented & Gifted
ASchool of Science & Engineering
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Suburbs in Texas
#171out of 417 markets
Best Suburbs for Young Professionals in Texas
#256out of 417 markets
Suburbs with the Lowest Cost of Living in Texas
#341out of 417 markets
C-
Public School
C-
Crime And Safety
C-
Housing
C
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Desoto, TX.
As of September 2021, DeSoto, TX does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of STRs on the local community and housing market. Some cities have implemented regulations to address concerns such as noise, parking, and the impact on affordable housing. Investors should be prepared to comply with any future regulations that may be implemented in DeSoto, TX.
Additionally, investors should consider the potential demand for short term rentals in DeSoto, TX. Factors such as proximity to attractions, events, and business centers can impact the success of an STR investment. Conducting market research and analyzing rental trends can help investors make informed decisions about purchasing a property for short term rental purposes in DeSoto, TX.
Market Trends Over Time
Explore 25 years of market data for Desoto, TX, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Desoto, TX.
The LTR Genie Score of Desoto, TX is 62, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is slightly higher at 68, suggesting a higher level of rentability for short-term rental or Airbnb properties. The LTR Rent Growth Rate of 0.056% and 1-Year Price Appreciation Forecast of 0.0% may contribute to the lower LTR Genie Score. On the other hand, the higher STR Net ROI of 54.09% and STR Occupancy rate of 54.17% likely contribute to the higher STR Genie Score.
Desoto, TX is a suburb of Dallas known for its diverse community, good schools, and proximity to major highways. The area has seen steady population growth in recent years, making it an attractive location for real estate investment.
Based on the metrics provided, Desoto, TX may be more attractive for short-term rental investments due to the higher STR Genie Score and potential for higher ROI. However, investors should consider the overall market conditions, rental demand, and their own investment goals before making a decision. It may be beneficial to explore a combination of both long-term and short-term rental properties in Desoto, TX to diversify the investment portfolio.
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