2048 Mesquite Ln #303LaughlinNV89029
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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 2048 Mesquite Ln #303, Laughlin, NV, 89029 uses $44,421 cash to close to unlock $1,688/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $656/mo payment keeps the spread at $141/mo. Purchase price stands at $134,000, and rental yield measures 10.79% with $1,205/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 125.56% and total cumulative return in cash records $55,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $656/mo payment rather than investor’s personal income.
Condo
Built in 1989
8,298 sqft lot
$N/A/sqft
$290 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: Kevin Barbarita • Barbarita Realty Consultants
Mls Name: GLVAR
Mls Provider:
Mls ID: #2666443
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