14841 Ledgeview CtBalch SpringsTX75180
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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 Balch Springs at 14841 Ledgeview Ct, Balch Springs, TX, 75180 listed at $297,000 pairs $2,852/mo rent with a $1,454/mo payment to leave $740/mo cash flow. Total monthly income runs $2,852/mo, and annual cash flow reaches $8,876/yr on $98,456 cash to close. Return on cash invested measures 28.92% in year one, and rental yield registers 11.52% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 152.41% and total cumulative return in cash totals $150,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,852/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,799 (100%) |
| Owner Occupied HU | 4,657 (52.9%) |
| Renter Occupied HU | 3,752 (42.6%) |
| Vacant Housing Units | 390 ( 4.4%) |
| Median Home Value | $232,521 |
| Average Home Value | $337,335 |
Housing Distribution
Address Breakdown
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
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Listed by: Akela Mcdonald • The Michael Group
Mls Name: NTREIS
Mls ID: #20990601