625 Grand Cayman WayMesquiteTX75149
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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 625 Grand Cayman Way, Mesquite, TX, 75149 priced at $317,500 pairs $2,480/mo rent with $126/mo cash flow after a $1,554/mo payment. Total monthly income equals $2,480/mo, and annual cash flow comes to $1,508/yr on $105,251 invested. Return on cash invested is 21.34% in year one, and rental yield stands at 9.37% on a $317,500 basis. Equity gained on principal adds $2,049/yr, and 5% annual appreciation accumulates to $87,719 by year five. Five-year ROI measures 112.15% and total cumulative return in cash reaches $118,042. For financing, Ziffy Mortgage’s DSCR program evaluates $2,480/mo property income against a $1,554/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75149, Mesquite, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,884 (100%) |
| Owner Occupied HU | 12,401 (59.4%) |
| Renter Occupied HU | 7,575 (36.3%) |
| Vacant Housing Units | 908 ( 4.3%) |
| Median Home Value | $264,734 |
| Average Home Value | $329,289 |
Housing Distribution
Address Breakdown
Residential
20,244
Single Family
17,707
Multi-Family
2,537
Businesses
1,156
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Listed by: Ruth Banda Batista • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20882844
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.