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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 332 Bannock St, Mesquite, NV, 89027 priced at $479,000 pairs $2,790/mo rent with $23/mo cash flow after a $2,344/mo payment. Total monthly income equals $2,790/mo, and annual cash flow comes to $275/yr on $158,789 invested. Return on cash invested is 20.08% in year one, and rental yield stands at 6.99% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 103.23% and total cumulative return in cash reaches $163,911. For financing, Ziffy Mortgage’s DSCR program evaluates $2,790/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.25 Acres 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $479,000 |
| 2024-04-25 | Sold | $400,000 |
| 2024-03-20 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $1736.07 | 2.99% | $87,342 | 8.78% |
| 2023-05-01 | $1685.62 | 2.99% | $80,296 | 5.67% |
| 2022-05-01 | $1636.62 | 3.10% | $75,989 | 8.02% |
Listed by: Luis Rodriguez • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126415
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
