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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% |
Investment property for sale in Mesquite at 335 Colleen Ct #1G, Mesquite, NV, 89027 offers a 12.59% rental yield on a $187,000 purchase with $1,962/mo rent. Total monthly income registers $1,962/mo, and a $915/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,364/yr on $61,991 to close, and return on cash invested stands at 30.18% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 159.87% and total cumulative return in cash at $99,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,962/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
2,000 sqft lot
$N/A/sqft
$327 monthly 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 |
|---|---|---|
| 2025-08-07 | Sold | $187,000 |
| 2025-07-11 | Contingent | $189,000 |
| 2025-06-16 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-29 | $1340.45 | 7.92% | $50,676 | -4.08% |
| 2024-10-29 | $1242.05 | 7.98% | $52,830 | 14.85% |
| 2023-10-29 | $1150.24 | 7.98% | $45,999 | 4.16% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
