217 Skylark DrMesquiteTX75149
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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 217 Skylark Dr, Mesquite, TX, 75149 uses $65,637 cash to close to unlock $1,201/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $969/mo payment keeps the spread at $100/mo. Purchase price stands at $198,000, and rental yield measures 9.14% with $1,508/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 113.92% and total cumulative return in cash records $74,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.30 Acres 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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