12212 Bishop DrBalch SpringsTX75180
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 12212 Bishop Dr, Balch Springs, TX, 75180 in Balch Springs: $1,914/mo in rent, $542/mo net, 11.9% gross yield, all on a $193,000 acquisition. The 2.21 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $53,322 in value, and $1,778/yr in principal paydown steadily builds equity. Projected total cumulative return: $108,832.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $542 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $1,296 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
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
Single Family
Built in 1972
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arsha Moore • Brawn Sterling Real Estate
Mls Name: NTREIS
Mls ID: #21142274