813 W Grubb DrMesquiteTX75149
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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 813 W Grubb Dr, Mesquite, TX, 75149 with 5% annual appreciation on a $266,750 basis while $2,251/mo rent supports operations. Total monthly income totals $2,251/mo and a $1,306/mo payment preserves $348/mo for cash returns. Annual cash flow comes to $4,172/yr on $88,428 deployed, and return on cash invested reaches 24.63% in year one. Equity gained on principal adds $1,721/yr, and five-year appreciation sums $73,698 alongside rental yield of 10.13%. Five-year ROI measures 129.39% and total cumulative return in cash totals $114,421.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,251/mo property income versus a $1,306/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
8,494 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: Zulma Jones • Ultra Real Estate Services
Mls Name: NTREIS
Mls ID: #20795607
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.