2608 Hidden Springs 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
Investment property for sale in Mesquite at 2608 Hidden Springs Dr, Mesquite, TX, 75181 with 5% annual appreciation on a $269,900 basis while $4,124/mo rent supports operations. Total monthly income totals $4,124/mo and a $1,321/mo payment preserves $2,205/mo for cash returns. Annual cash flow comes to $26,457/yr on $89,472 deployed, and return on cash invested reaches 49.48% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 18.34%. Five-year ROI measures 262.61% and total cumulative return in cash totals $234,966.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,124/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
5,575 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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Listed by: Stephen Collins • Open Exchange Brokerage LLC
Mls Name: NTREIS
Mls ID: #20694598
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.