215 Jasanda Way - Specialty FOR SALE


Mesquite, TX 75149- Greater Mesquite
$199,950 USD
214-853-2540
215 Jasanda Way, Mesquite, TX for Sale
$199,950 USD
Specialty - FOR SALE
1/29
null | 9% Cap Rate

215 Jasanda Way
Mesquite, TX 75149
Greater Mesquite


OVERVIEW

Prime Turnkey Rental Investment: Instant 12% Gross Yield with $2,000/Month Tenant in Place!Investors, lock in passive income from day one with this cash-flowing gem priced at just $199,950. A reliable tenant pays $2,000/month—delivering a stellar 12% gross annual yield right out of the gate (that's $24,000/year in rent!). No hassle, no vacancy: this move-in-ready property is fully leased, generating immediate returns while you build equity.Key Highlights:Strong Cash Flow: 1% monthly yield on purchase price—outpace inflation and beat low-yield stocks/bonds. Investor-Friendly Features: 5 bedrooms, 2 baths, 2 living areas, tons of storage, designer tile in master shower, fresh paint, built-in cabinets, ceiling fans, central heat/AC, and a bonus garage conversion with 2 extra bedrooms and a room upstairs. Covered patio and BBQ area add tenant appeal for long-term retention. Low Maintenance, High Potential: One-car garage with workshop for added utility. Perfect for large families or multi-generational tenants, ensuring steady demand and easy re-leasing. ROI Breakdown: At $2,000/month rent, cover your mortgage and pocket profit. Estimated cap rate: 10-12% net (after taxes/insurance). Appreciation upside in a growing market—don't miss this below-market deal!

FOR SALE DETAILS

PRICE

$199,950 USD

PRICE/SF

$100 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

215 Jasanda

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

38010500020150000

ASK ABOUT THIS PROPERTY

Erik BauerKeller Williams-Central 75More Info
214-853-2540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Erik BauerKeller Williams-Central 75More Info
214-853-2540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.