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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 466 Highland View Ct, Mesquite, NV, 89027 priced at $639,000 converts $3,070/mo rent into after a $3,128/mo obligation. Total monthly income equals $3,070/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 5.77% against a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation compiles into $176,544 by year five. Five-year ROI reaches 77.49% and total cumulative return in cash sums $162,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,070/mo property income covering a $3,128/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$229 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 |
|---|---|---|
| 2024-11-23 | Listed for sale | $639,000 |
| 2021-08-13 | Sold | $595,000 |
| 2021-07-16 | Pending sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $1598.11 | 7.96% | $91,859 | 10.31% |
| 2023-02-24 | $1480.27 | 41.66% | $83,275 | 3.94% |
| 2022-02-24 | $1044.93 | 3.80% | $80,118 | 3.65% |
Listed by: Melanie Cohen • Premier Properties of Mesquite
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125919
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
