1629 Mesquite TrlPlanoTX75023
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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 Plano at 1629 Mesquite Trl, Plano, TX, 75023 listed at $469,000 pairs $3,508/mo rent with a $2,296/mo payment to leave $172/mo cash flow. Total monthly income runs $3,508/mo, and annual cash flow reaches $2,069/yr on $155,474 cash to close. Return on cash invested measures 21.24% in year one, and rental yield registers 8.98% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Five-year ROI tracks 111.2% and total cumulative return in cash totals $172,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,508/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75023, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,629 (100%) |
| Owner Occupied HU | 11,275 (60.5%) |
| Renter Occupied HU | 6,669 (35.8%) |
| Vacant Housing Units | 685 ( 3.7%) |
| Median Home Value | $435,719 |
| Average Home Value | $478,957 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
13,876
Multi-Family
5,502
Businesses
942
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Listed by: Sally Morrow • Keller Williams Central
Mls Name: NTREIS
Mls ID: #20962532
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.