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215 Jasanda Way - 215 Jasanda 2,000 SF Specialty Building Offered at $199,950 at a 9% Cap Rate in Mesquite, TX 75149

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EXECUTIVE SUMMARY

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!

PROPERTY FACTS

Price $199,950
Price Per SF $99.98
Sale Type Investment
Cap Rate 9%
Sale Condition Sale Leaseback
Property Type Specialty
Building Size 2,000 SF
No. Stories 2
Year Built/Renovated 1970/2025
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38913246

  • Date on Market: 12/28/2025

  • Last Updated:

  • Address: 215 Jasanda Way, Mesquite, TX 75149

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