2004 Mesquite Ln APT 304LaughlinNV89029
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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
Investment property for sale in Laughlin at 2004 Mesquite Ln APT 304, Laughlin, NV, 89029 uses $53,007 cash to close to unlock $6,957/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $1,757/mo, and a $783/mo payment keeps the spread at $580/mo. Purchase price stands at $159,900, and rental yield measures 13.19% with $1,757/mo rent. Return on cash invested shows 33.03% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash records $92,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,757/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1989
6,686 sqft lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89029, Laughlin, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 2,373 (41.8%) |
| Renter Occupied HU | 2,254 (39.7%) |
| Vacant Housing Units | 1,048 (18.5%) |
| Median Home Value | $342,023 |
| Average Home Value | $363,050 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
3,135
Multi-Family
2,010
Businesses
122
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Listed by: Joseph Stone • US SOUTHWEST
Mls Name: WARDEX
Mls Provider:
Mls ID: #023318
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.