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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 Balch Springs at 11520 Longhill Ln, Balch Springs, TX, 75180 offers a 9.23% rental yield on a $299,500 purchase with $2,303/mo rent. Total monthly income registers $2,303/mo, and a $1,466/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,910/yr on $99,284 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $1,933/yr while 5% annual appreciation supports $82,746 over five years. Portfolio math shows five-year ROI at 114.47% and total cumulative return in cash at $113,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,303/mo property income against a $1,466/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,799 (100%) |
| Owner Occupied HU | 4,657 (52.9%) |
| Renter Occupied HU | 3,752 (42.6%) |
| Vacant Housing Units | 390 ( 4.4%) |
| Median Home Value | $232,521 |
| Average Home Value | $337,335 |
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Price change | $299,500 |
| 2025-01-14 | Price change | $314,000 |
| 2024-12-27 | Price change | $324,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5138.16 | 496.17% | $221,000 | 54.11% |
| 2023-02-13 | $861.86 | -16.68% | $143,400 | N/A |
| 2022-02-13 | $1034.42 | -6.64% | $143,400 | 14.50% |
Listed by: Simon Valero • Julio Romero LLC, REALTORS
Mls Name: NTREIS
Mls ID: #20796453
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.
