1757 Patrick CirBalch 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 1757 Patrick Cir, Balch Springs, TX, 75180 offers $1,700/mo rent that, after a $1,194/mo payment. Total monthly income is $1,700/mo. Return on cash invested measures 14.18% in year one, and rental yield stands at 8.36% at a $244,000 entry. Equity gained on principal adds $1,574/yr while 5% annual appreciation compounds into $67,413 by year five. Five-year ROI records 75.29% and total cumulative return in cash reaches $60,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,700/mo property income versus a $1,194/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.45 Acres lot
$N/A/sqft
$180 annually 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: Kevin Riney • NE Texas Regional Realty
Mls Name: NTREIS
Mls ID: #20900743
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.