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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mesquite at 3304 Trinidad Dr, Mesquite, TX, 75150 listed at $299,000 pairs $3,388/mo rent with a $1,463/mo payment to leave $1,262/mo cash flow. Total monthly income runs $3,388/mo, and annual cash flow reaches $15,147/yr on $99,119 cash to close. Return on cash invested measures 35.19% in year one, and rental yield registers 13.6% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 186.03% and total cumulative return in cash totals $184,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,388/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75150, Mesquite, TX area.
| 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 |
Residential
23,488
Single Family
14,485
Multi-Family
9,003
Businesses
1,711
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $299,000 |
| 2024-07-25 | Price change | $322,000 |
| 2024-07-12 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $48.01 | -59.01% | $208,490 | N/A |
| 2022-08-15 | $117.12 | -17.63% | $208,490 | 25.95% |
| 2021-08-15 | $142.19 | -73.79% | $165,540 | 20.52% |
Listed by: Melissa Morales • NB Elite Realty
Mls Name: NTREIS
Mls ID: #20640166
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.
