1012 Placid DrMesquiteTX75150
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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
Rental property for sale in Mesquite at 1012 Placid Dr, Mesquite, TX, 75150 priced at $334,400 pairs $2,603/mo rent with $225/mo cash flow after a $1,637/mo payment. Total monthly income equals $2,603/mo, and annual cash flow comes to $2,697/yr on $110,854 invested. Return on cash invested is 22.34% in year one, and rental yield stands at 9.34% on a $334,400 basis. Equity gained on principal adds $2,158/yr, and 5% annual appreciation accumulates to $92,389 by year five. Five-year ROI measures 117.1% and total cumulative return in cash reaches $129,804. For financing, Ziffy Mortgage’s DSCR program evaluates $2,603/mo property income against a $1,637/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75150, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,474 (100%) |
| Owner Occupied HU | 10,911 (44.6%) |
| Renter Occupied HU | 12,211 (49.9%) |
| Vacant Housing Units | 1,352 ( 5.5%) |
| Median Home Value | $267,918 |
| Average Home Value | $313,712 |
Housing Distribution
Address Breakdown
Residential
23,488
Single Family
14,485
Multi-Family
9,003
Businesses
1,711
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Listed by: Derrick Tribbey • Derrick Tribbey & Associates
Mls Name: NTREIS
Mls ID: #20692104
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.