2044 Mesquite Ln APT 202LaughlinNV89029
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 2044 Mesquite Ln APT 202, Laughlin, NV, 89029 in Laughlin achieves 1.68, rent of $833/mo covers the $495/mo payment 1.5x over at $110,000. Rental yield 9.09%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $30,391 over five years, with $1,013/yr in principal reduction bringing total projected return to $54,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(136) | $1,200 |
City averages based on Laughlin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $833 |
| Total Monthly Debt Service | $592 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
8,298 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1989
8,298 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices