3000 Lambert DrMesquiteTX75150
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3000 Lambert Dr, Mesquite, TX, 75150 in Mesquite worth modelling. At $199,900 with a 9.21% gross yield, the $1,534/mo rent leaves $43/mo after the $899/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.71 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $55,229 by year five; $1,841/yr in principal reduction adds further equity. Total projected return: $79,694.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $43 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $1,411 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
7,187 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
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
Single Family
Built in 1968
7,187 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Downs • Livv Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20981346
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.