2024 Austin DrMesquiteTX75181
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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
Total monthly income runs $2,178/mo, and a $1,547/mo payment. Purchase price stands at $316,000, and rental yield measures 8.27% with $2,178/mo rent. Return on cash invested shows 19.11% in year one, and 5% annual appreciation builds toward $87,305 over five years. Five-year ROI reaches 99.79% and total cumulative return in cash records $104,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,178/mo property income covering a $1,547/mo payment rather than investor’s personal income.
Single Family
Built in 1995
7,056 sqft 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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