3104 Forestdale LnBalch SpringsTX75180
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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
Rental property for sale in Balch Springs at 3104 Forestdale Ln, Balch Springs, TX, 75180 generates $1,990/mo in rent and, after a $1,273/mo payment, leaves $141/mo in cash flow. Total monthly income is $1,990/mo, and annual cash flow is $1,688/yr on $86,190 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 9.18% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash sums $98,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,990/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,799 (100%) |
| Owner Occupied HU | 4,657 (52.9%) |
| Renter Occupied HU | 3,752 (42.6%) |
| Vacant Housing Units | 390 ( 4.4%) |
| Median Home Value | $232,521 |
| Average Home Value | $337,335 |
Housing Distribution
Address Breakdown
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
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Listed by: tonya Kee • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #21131292