3329 Caribbean 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 3329 Caribbean Dr, Mesquite, TX, 75150 at $176,000 posts ROI 21.98% with $101/mo cash flow from $1,352/mo rent. Total monthly income equals $1,352/mo, and annual cash flow records $1,210/yr on $58,344 to close. Return on cash invested measures 21.98% and rental yield reads 9.22% at the current $176,000. Equity gained on principal adds $1,136/yr, and 5% annual appreciation supports $48,626 by year five. Five-year ROI prints 115.15% and total cumulative return in cash totals $67,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
8,712 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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Listed by: Kelli Clark • OneSource Real Estate Services
Mls Name: NTREIS
Mls ID: #20878851
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.