1013 Burnet DrMesquiteTX75181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,179/mo, and a $1,542/mo payment. Purchase price stands at $315,000, and rental yield measures 8.3% with $2,179/mo rent. Return on cash invested shows 18.84% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 98.43% and total cumulative return in cash records $102,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2004
9,234 sqft lot
$N/A/sqft
$96 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75181, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,100 (100%) |
| Owner Occupied HU | 7,490 (82.3%) |
| Renter Occupied HU | 1,418 (15.6%) |
| Vacant Housing Units | 192 ( 2.1%) |
| Median Home Value | $315,227 |
| Average Home Value | $344,362 |
Housing Distribution
Address Breakdown
Residential
9,197
Single Family
8,556
Multi-Family
641
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Krus • Texas Realty One
Mls Name: NTREIS
Mls ID: #20931202
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.