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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 343 Colleen Ct #3H, Mesquite, NV, 89027 offers a 8.84% rental yield on a $220,000 purchase with $1,621/mo rent. 82% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 103.96% and total cumulative return in cash at $75,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,621/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$355 month 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 |
|---|---|---|
| 2025-03-21 | Listed for sale | $220,000 |
| 2022-05-27 | Sold | $210,000 |
| 2016-07-20 | Sold | $97,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $1064.84 | 7.98% | $47,166 | 15.58% |
| 2023-03-24 | $986.16 | 7.98% | $40,809 | 4.31% |
| 2022-03-24 | $913.29 | 7.89% | $39,123 | 2.06% |
Listed by: Luis Rodriguez • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126286
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
