1301 Cedarcrest DrMesquiteTX75149
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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 Mesquite at 1301 Cedarcrest Dr, Mesquite, TX, 75149 uses $89,505 cash to close to unlock $4,410/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $2,288/mo, and a $1,322/mo payment keeps the spread at $368/mo. Purchase price stands at $270,000, and rental yield measures 10.17% with $2,288/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash records $116,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,288/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1986
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75149, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,884 (100%) |
| Owner Occupied HU | 12,401 (59.4%) |
| Renter Occupied HU | 7,575 (36.3%) |
| Vacant Housing Units | 908 ( 4.3%) |
| Median Home Value | $264,734 |
| Average Home Value | $329,289 |
Housing Distribution
Address Breakdown
Residential
20,244
Single Family
17,707
Multi-Family
2,537
Businesses
1,156
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