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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mesquite at 1209 Wigwam St, Mesquite, NV, 89027 with 5% annual appreciation on a $335,000 basis while $2,077/mo rent supports operations. 2% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 7.44%. Five-year ROI measures 99.33% and total cumulative return in cash totals $110,312. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,077/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1999
3,920 sqft lot
$N/A/sqft
$207 month HOA
Neighborhood data shown for ZIP Code: 89027, Mesquite, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,417 (100%) |
| Owner Occupied HU | 6,777 (65.1%) |
| Renter Occupied HU | 2,057 (19.7%) |
| Vacant Housing Units | 1,583 (15.2%) |
| Median Home Value | $437,085 |
| Average Home Value | $464,519 |
Residential
9,190
Single Family
8,960
Multi-Family
230
Businesses
450
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Listed for sale | $335,000 |
| 2005-05-27 | Sold | $243,000 |
| 1999-03-31 | Sold | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $1699.19 | 2.71% | $83,065 | 8.01% |
| 2023-02-24 | $1654.32 | 2.89% | $76,903 | 15.98% |
| 2022-02-24 | $1607.83 | 3.19% | $66,306 | 1.05% |
Listed by: Justine Jackson • eXp Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125940
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
