2803 Mesa DrPlainviewTX79072
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 Plainview at 2803 Mesa Dr, Plainview, TX, 79072 at $189,900 posts ROI 24.74% with $253/mo cash flow from $1,720/mo rent. Total monthly income equals $1,720/mo, and annual cash flow records $3,039/yr on $62,952 to close. Return on cash invested measures 24.74% and rental yield reads 10.87% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 130.81% and total cumulative return in cash totals $82,349.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
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Listed by: Chuck DeLeon • Keller Williams Realty-LAR
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-27
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.