354 Colleen Ct UNIT H, Mesquite, NV, 89027 | $483/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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354 Colleen Ct UNIT H, Mesquite, NV, 89027 | $483/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Mesquite at 354 Colleen Ct UNIT H, Mesquite, NV, 89027 uses $62,952 cash to close to unlock $5,799/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $1,580/mo, and a $929/mo payment keeps the spread at $483/mo. Purchase price stands at $189,900, and rental yield measures 9.98% with $1,580/mo rent. Return on cash invested shows 29.12% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 151.76% and total cumulative return in cash records $95,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,580/mo property income covering a $929/mo payment rather than investor’s personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Prime Location - Steps from Pool - Move-In Ready. Welcome to this well-maintained lower-level condo located on the desirable north side of I-15 just steps from the community pool and offering 1,166 sq. ft. of comfortable living space. With 2 spacious bedrooms and 2 full bathrooms, this property is ideal as a vacation retreat, investment opportunity, or full-time residence. Inside, you'll find tile flooring in the kitchen and entry area, while the living room and bedrooms feature soft carpeting for added comfort. The layout is functional and open, providing a great flow throughout the home. All appliances are included at no extra cost. A private outdoor storage unit just outside the front door offers extra space. As a homeowner, you'll also enjoy access to the Mesquite Vistas Clubhouse, which includes a resort-style pool, outdoor spa, pickleball and tennis courts, basketball court, and an indoor fitness room-perfect for enjoying Mesquite's active lifestyle year-round.Whether you're relaxing by the pool, taking in the desert views, or exploring the nearby golf courses and amenities, this property offers the perfect blend of convenience, comfort, and community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 89027, Mesquite, NV area.

Housing Distribution

Housing Statistics

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