3809 Iron Gate PlMesquiteTX75181
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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 3809 Iron Gate Pl, Mesquite, TX, 75181 earns $734/mo cash flow from $4,620/mo rent with a $2,640/mo payment. Total monthly income totals $4,620/mo, and annual cash flow totals $8,813/yr on $177,450 capital. ROI tracks 25.03% on current figures, and rental yield reads 10.28% at a $539,363 purchase. Equity gained on principal adds $3,480/yr, and 5% annual appreciation supports $149,016 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash sums $233,538. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,620/mo property income instead of your personal income.
Single Family
Built in 2024
7,801 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75181, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,100 (100%) |
| Owner Occupied HU | 7,490 (82.3%) |
| Renter Occupied HU | 1,418 (15.6%) |
| Vacant Housing Units | 192 ( 2.1%) |
| Median Home Value | $315,227 |
| Average Home Value | $344,362 |
Housing Distribution
Address Breakdown
Residential
9,197
Single Family
8,556
Multi-Family
641
Businesses
171
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Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20598851
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.