1612 Casting Rdg #6Z6UQ1MesquiteTX75181
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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 1612 Casting Rdg #6Z6UQ1, Mesquite, TX, 75181 listed at $655,400 pairs $6,034/mo rent with a $3,208/mo payment to leave $1,373/mo cash flow. Total monthly income runs $6,034/mo, and annual cash flow reaches $16,478/yr on $215,627 cash to close. Return on cash invested measures 27.7% in year one, and rental yield registers 11.05% at a $655,400 basis. Equity gained on principal adds $4,229/yr, and annual property appreciation at 5% supports $181,075 by year five. Five-year ROI tracks 145.83% and total cumulative return in cash totals $314,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,034/mo property income relative to a $3,208/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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