2829 Blue Ridge 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 2829 Blue Ridge Dr, Mesquite, TX, 75150 earns $574/mo cash flow from $1,918/mo rent with a $925/mo payment. Total monthly income totals $1,918/mo, and annual cash flow totals $6,889/yr on $62,654 capital. ROI tracks 30.9% on current figures, and rental yield reads 12.18% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 163.1% and total cumulative return in cash sums $102,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,918/mo property income instead of your personal income.
Single Family
Built in 1960
6,969 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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