2156 Steer Creek PlMesquiteTX75149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2156 Steer Creek Pl, Mesquite, TX, 75149 at $310,999 posts ROI 39.83% with $1,712/mo cash flow from $4,168/mo rent. Total monthly income equals $4,168/mo, and annual cash flow records $20,539/yr on $103,096 to close. Return on cash invested measures 39.83% and rental yield reads 16.08% at the current $310,999. Equity gained on principal adds $2,007/yr, and 5% annual appreciation supports $85,923 by year five. Five-year ROI prints 211.93% and total cumulative return in cash totals $218,493.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2021
1,481 sqft lot
$N/A/sqft
$735 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Moreno • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20619331
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.