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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 405 Paradise Pkwy UNIT 170, Mesquite, NV, 89027 generates $2,008/mo in rent, after a $1,613/mo payment. Total monthly income is $2,008/mo. Return on cash invested sits at 16.23% in year one, and rental yield is 7.31% on a $329,500 entry. Equity gained on principal adds $2,126/yr, while 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 84.29% and total cumulative return in cash sums $92,074. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.
Condo
Built in 2002
7,135 sqft lot
$N/A/sqft
$439 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 |
|---|---|---|
| 2024-11-02 | Listed for sale | $329,500 |
| 2023-10-30 | Sold | $310,000 |
| 2023-10-18 | Pending sale | $338,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $1600.72 | 2.99% | $72,023 | 15.37% |
| 2023-03-20 | $1554.21 | 2.99% | $62,428 | 12.57% |
| 2022-03-20 | $1509.04 | 3.11% | $55,459 | 1.72% |
Listed by: Stephanie K. Cannon • RE/MAX Ridge Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2666273
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)
