321 Long Canyon 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 321 Long Canyon Dr, Mesquite, TX, 75150 listed at $249,990 pairs $2,230/mo rent with a $1,224/mo payment to leave $452/mo cash flow. Total monthly income runs $2,230/mo, and annual cash flow reaches $5,422/yr on $82,872 cash to close. Return on cash invested measures 26.45% in year one, and rental yield registers 10.7% at a $249,990 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,068 by year five. Five-year ROI tracks 139.13% and total cumulative return in cash totals $115,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,230/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,291 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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