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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 Verllonia St, Mesquite, NV, 89027 priced at $350,000 converts $2,392/mo rent into $370/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,392/mo, and annual cash flow totals $4,438/yr on $116,025 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 8.2% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 122.81% and total cumulative return in cash sums $142,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,392/mo property income covering a $1,713/mo payment, not borrower’s personal income.
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 |
|---|---|---|
| 2025-05-29 | Listed for sale | $350,000 |
| 2003-09-30 | Sold | $155,500 |
| 1997-06-13 | Sold | $108,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $1432.26 | 2.99% | $82,028 | 11.90% |
| 2023-06-01 | $1390.66 | 2.99% | $73,302 | 8.93% |
| 2022-06-01 | $1350.25 | 3.12% | $67,291 | 3.82% |
Listed by: Danelle Jackson • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126490
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
