2329 Greenhill DrMesquiteTX75150
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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 2329 Greenhill Dr, Mesquite, TX, 75150 offers a 11.14% rental yield on a $319,990 purchase with $2,971/mo rent. Total monthly income registers $2,971/mo, and a $1,566/mo payment leaves $602/mo available for distribution. Annual cash flow reaches $7,225/yr on $106,077 to close, and return on cash invested stands at 26.72% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,407 over five years. Portfolio math shows five-year ROI at 141% and total cumulative return in cash at $149,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,971/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75150, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,474 (100%) |
| Owner Occupied HU | 10,911 (44.6%) |
| Renter Occupied HU | 12,211 (49.9%) |
| Vacant Housing Units | 1,352 ( 5.5%) |
| Median Home Value | $267,918 |
| Average Home Value | $313,712 |
Housing Distribution
Address Breakdown
Residential
23,488
Single Family
14,485
Multi-Family
9,003
Businesses
1,711
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Listed by: Christine De Vivo • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20943323
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.