116 Red Cedar CtBalch SpringsTX75181
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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 Balch Springs at 116 Red Cedar Ct, Balch Springs, TX, 75181 at $421,999 posts ROI 24.54% with $540/mo cash flow from $3,590/mo rent. Total monthly income equals $3,590/mo, and annual cash flow records $6,475/yr on $139,893 to close. Return on cash invested measures 24.54% and rental yield reads 10.21% at the current $421,999. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,591 by year five. Five-year ROI prints 129.04% and total cumulative return in cash totals $180,515.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,749 sqft lot
$N/A/sqft
$600 annually 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
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Listed by: Sylvia Palmer • Monument Realty
Mls Name: NTREIS
Mls ID: #20776044
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.