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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 304 Laurel Way, Mesquite, NV, 89027 priced at $335,000 pairs $2,272/mo rent with $336/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,272/mo, and annual cash flow comes to $4,033/yr on $111,053 invested. Return on cash invested is 23.54% in year one, and rental yield stands at 8.14% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 121.82% and total cumulative return in cash reaches $135,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,272/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
6,969 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $335,000 |
| 2020-02-24 | Sold | $232,000 |
| 2020-01-14 | Pending sale | $244,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $1783.39 | 7.99% | $78,712 | 12.80% |
| 2023-04-04 | $1651.48 | 7.99% | $69,782 | 5.95% |
| 2022-04-04 | $1529.33 | 7.81% | $65,865 | 0.41% |
Listed by: Irene J. Navarro • ERA Brokers Consolidated, Inc.
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126331
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
