1538 Windmill 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
Rental property for sale in Mesquite at 1538 Windmill Ln, Mesquite, TX, 75149 generates $2,305/mo in rent and, after a $1,160/mo payment, leaves $620/mo in cash flow. Total monthly income is $2,305/mo, and annual cash flow is $7,436/yr on $78,566 invested. Return on cash invested sits at 29.37% in year one, and rental yield is 11.67% on a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 154.83% and total cumulative return in cash sums $121,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
7,797 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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