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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% |
Rental property for sale in Mesquite at 3516 Statler Dr, Mesquite, TX, 75150 priced at $360,000 pairs $3,388/mo rent with $828/mo cash flow after a $1,762/mo payment. Total monthly income equals $3,388/mo, and annual cash flow comes to $9,936/yr on $119,340 invested. Return on cash invested is 28.23% in year one, and rental yield stands at 11.29% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 148.69% and total cumulative return in cash reaches $177,441. For financing, Ziffy Mortgage’s DSCR program evaluates $3,388/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
7,884 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 |
|---|---|---|
| 2025-04-13 | Listed for rent | $2,800 |
| 2025-01-31 | Listing removed | $2,950 |
| 2025-01-14 | Listed for rent | $2,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $5243.20 | 181.96% | $226,000 | -33.73% |
| 2023-04-14 | $1859.56 | -5.93% | $341,050 | N/A |
| 2022-04-14 | $1976.88 | 43.56% | $341,050 | 52.67% |
Listed by: Alex Khalil • New Era TX Realty LLC
Mls Name: NTREIS
Mls ID: #20902431
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.
