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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% |
Rental property for sale in Mesquite at 124 Shade Tree Ln UNIT C, Mesquite, NV, 89027 priced at $289,000 pairs $1,838/mo rent with after a $1,415/mo payment. Total monthly income equals $1,838/mo. Return on cash invested is 18.88% in year one, and rental yield stands at 7.63% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 97.92% and total cumulative return in cash reaches $93,806. For financing, Ziffy Mortgage’s DSCR program evaluates $1,838/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2025-01-28 | Price change | $289,000 |
| 2024-12-23 | Price change | $299,900 |
| 2024-10-08 | Listed for sale | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-29 | $1088.23 | 2.99% | $61,634 | 13.39% |
| 2023-01-29 | $1056.65 | 7.98% | $54,358 | 8.60% |
| 2022-01-29 | $978.56 | 3.17% | $50,054 | 2.02% |
Listed by: David Neufeld • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125999
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
