3347 Jamaica WayMesquiteTX75150
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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 Mesquite at 3347 Jamaica Way, Mesquite, TX, 75150 priced at $229,000 converts $2,111/mo rent into $482/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $5,789/yr on $75,914 invested. Return on cash invested prints 27.53% in year one, and rental yield reads 11.06% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 144.98% and total cumulative return in cash sums $110,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1959
8,450 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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