3424 Oates DrMesquiteTX75150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3424 Oates Dr, Mesquite, TX, 75150 in Mesquite is a solid income-producing rental, 10.77% gross yield, $2,430/mo rent, $356/mo net cash flow on a $270,760 buy. DSCR 2.00 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $74,806 and $2,494/yr in principal reduction project a total cumulative return of $127,251.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $356 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,430 |
| Total Monthly Debt Service | $1,967 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
7,905 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
7,905 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices