1224 Woodthorpe DrMesquiteTX75181
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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 1224 Woodthorpe Dr, Mesquite, TX, 75181 priced at $349,900 pairs $2,385/mo rent with after a $1,713/mo payment. Total monthly income equals $2,385/mo. Return on cash invested is 16.61% in year one, and rental yield stands at 8.18% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 87.15% and total cumulative return in cash reaches $101,082. For financing, Ziffy Mortgage’s DSCR program evaluates $2,385/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
7,361 sqft lot
$N/A/sqft
No 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: Ling Kong • DFW Home
Mls Name: NTREIS
Mls ID: #20902451
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.