2121 Steer Creek PlMesquiteTX75149
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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 2121 Steer Creek Pl, Mesquite, TX, 75149 listed at $324,999 pairs $2,873/mo rent with a $1,591/mo payment to leave $562/mo cash flow. Total monthly income runs $2,873/mo, and annual cash flow reaches $6,739/yr on $107,737 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 10.61% at a $324,999 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,791 by year five. Five-year ROI tracks 137.61% and total cumulative return in cash totals $148,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,873/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
1,481 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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