3008 Albany 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 3008 Albany Dr, Mesquite, TX, 75150 listed at $282,500 pairs $2,275/mo rent with a $1,383/mo payment to leave $266/mo cash flow. Total monthly income runs $2,275/mo, and annual cash flow reaches $3,189/yr on $93,649 cash to close. Return on cash invested measures 23.31% in year one, and rental yield registers 9.66% at a $282,500 basis. Equity gained on principal adds $1,823/yr, and annual property appreciation at 5% supports $78,050 by year five. Five-year ROI tracks 122.32% and total cumulative return in cash totals $114,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,275/mo property income relative to a $1,383/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
7,230 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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