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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 465 Mesa Blvd UNIT 102, Mesquite, NV, 89027 generates $1,721/mo in rent and, after a $1,003/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,721/mo, and annual cash flow is $2,484/yr on $67,924 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 10.08% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash sums $84,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,721/mo property income rather than buyer’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$330 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 |
|---|---|---|
| 2024-12-20 | Listed for sale | $204,900 |
| 2024-09-05 | Listing removed | $205,000 |
| 2024-05-22 | Listed for sale | $211,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $901.95 | 7.98% | $48,060 | 15.17% |
| 2023-02-24 | $835.33 | 7.98% | $41,731 | 11.49% |
| 2022-02-24 | $773.63 | 7.92% | $37,431 | 0.26% |
Listed by: Irene J. Navarro • ERA Brokers Consolidated, Inc.
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125993
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
