942 Carver StMesquiteTX75149
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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 942 Carver St, Mesquite, TX, 75149 offers $1,666/mo rent that, after a $822/mo payment, leaves $395/mo cash flow. Total monthly income is $1,666/mo, and annual cash flow is $4,735/yr on $55,692 cash. Return on cash invested measures 28.41% in year one, and rental yield stands at 11.9% at a $168,000 entry. Equity gained on principal adds $1,084/yr while 5% annual appreciation compounds into $46,415 by year five. Five-year ROI records 150.28% and total cumulative return in cash reaches $83,693. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,666/mo property income versus a $822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
10,280 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: Ben Belsley • McKinnon Real Estate
Mls Name: NTREIS
Mls ID: #20868766
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.