827 Meandering WayMesquiteTX75150
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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 827 Meandering Way, Mesquite, TX, 75150 priced at $299,500 pairs $2,615/mo rent with $485/mo cash flow after a $1,466/mo payment. Total monthly income equals $2,615/mo, and annual cash flow comes to $5,821/yr on $99,284 invested. Return on cash invested is 25.77% in year one, and rental yield stands at 10.48% on a $299,500 basis. Equity gained on principal adds $1,933/yr, and 5% annual appreciation accumulates to $82,746 by year five. Five-year ROI measures 135.54% and total cumulative return in cash reaches $134,567. For financing, Ziffy Mortgage’s DSCR program evaluates $2,615/mo property income against a $1,466/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75150, Mesquite, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,488
Single Family
14,485
Multi-Family
9,003
Businesses
1,711
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