1308 Wheat Field Dr, Mesquite, TX, 75149 | $390/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1308 Wheat Field Dr, Mesquite, TX, 75149 | $390/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mesquite at 1308 Wheat Field Dr, Mesquite, TX, 75149 with 5% annual appreciation on a $329,900 basis while $2,736/mo rent supports operations. Total monthly income totals $2,736/mo and a $1,615/mo payment preserves $390/mo for cash returns. Annual cash flow comes to $4,677/yr on $109,362 deployed, and return on cash invested reaches 24.19% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 9.95%. Five-year ROI measures 126.99% and total cumulative return in cash totals $138,879.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,736/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1986

4,704 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully reimagined 4-bedroom, 3-bath home in the heart of Mesquite, Texas. Originally designed as a 3-bedroom, 2.5-bath layout, this property has been thoughtfully transformed to maximize comfort and functionality. The renovation includes the addition of a spacious downstairs bedroom with a private ensuite bath, creating a perfect retreat for guests or multigenerational living. Step inside to find brand-new wood flooring, a stunningly updated kitchen with all-new appliances, sleek cabinetry, and modern finishes that bring both style and convenience to everyday living. Upstairs, youll discover three fully upgraded bedroomsincluding the original ensuite masterand an additional full bath. Every detail of this home has been carefully considered, from the open and inviting floor plan to the high-quality finishes throughout. Rarely do you find a property in this neighborhood offering this combination of added space, updated design, and turnkey convenience. Dont miss the opportunity to own this exceptional home in a prime Mesquite location!

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