1408 Solterra BlvdMesquiteTX75181
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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 1408 Solterra Blvd, Mesquite, TX, 75181 priced at $312,075 pairs $2,242/mo rent with $23/mo cash flow after a $1,527/mo payment. Total monthly income equals $2,242/mo, and annual cash flow comes to $279/yr on $103,453 invested. Return on cash invested is 20.18% in year one, and rental yield stands at 8.62% on a $312,075 basis. Equity gained on principal adds $2,014/yr, and 5% annual appreciation accumulates to $86,221 by year five. Five-year ROI measures 105.53% and total cumulative return in cash reaches $109,175. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,527/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
2,151 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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