1412 Jessica LnMesquiteTX75149
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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 1412 Jessica Ln, Mesquite, TX, 75149 offers a 10.98% rental yield on a $257,900 purchase with $2,359/mo rent. Total monthly income registers $2,359/mo, and a $1,262/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,692/yr on $85,494 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $1,664/yr while 5% annual appreciation supports $71,253 over five years. Portfolio math shows five-year ROI at 134.15% and total cumulative return in cash at $114,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $1,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5,140 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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Listed by: Dawn Taylor • DHS Realty
Mls Name: NTREIS
Mls ID: #21022504
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.