1524 Collinson StBalch 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
Rental property for sale in Balch Springs at 1524 Collinson St, Balch Springs, TX, 75180 generates $1,361/mo in rent, after a $954/mo payment. Total monthly income is $1,361/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 8.38% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 101.56% and total cumulative return in cash sums $65,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,361/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.37 Acres 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: Linda Welling • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #21040835
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.