3836 Summer Hill DrBalch SpringsTX75180
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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 Balch Springs at 3836 Summer Hill Dr, Balch Springs, TX, 75180 uses $92,787 cash to close to unlock $7,579/yr annual cash flow and $632/mo monthly cash flow. Total monthly income runs $2,622/mo, and a $1,370/mo payment keeps the spread at $632/mo. Purchase price stands at $279,900, and rental yield measures 11.24% with $2,622/mo rent. Return on cash invested shows 28.08% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 147.88% and total cumulative return in cash records $137,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,622/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75180, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,799 (100%) |
| Owner Occupied HU | 4,657 (52.9%) |
| Renter Occupied HU | 3,752 (42.6%) |
| Vacant Housing Units | 390 ( 4.4%) |
| Median Home Value | $232,521 |
| Average Home Value | $337,335 |
Housing Distribution
Address Breakdown
Residential
8,729
Single Family
6,959
Multi-Family
1,770
Businesses
623
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Listed by: Olivia Ochoa • OnDemand Realty
Mls Name: NTREIS
Mls ID: #21086666