499 Long Iron Ln, Mesquite, NV, 89027 | 5.91% Rental Yield

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499 Long Iron Ln, Mesquite, NV, 89027 | 5.91% Rental Yield | 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

Total monthly income runs $2,832/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 5.91% with $2,832/mo rent. Return on cash invested shows 16.95% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 86.43% and total cumulative return in cash records $163,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $2,814/mo payment rather than investor’s personal income.

Single Family

Built in 2006

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Gorgeous, Fully Furnished, Turn Key Home with Beautiful View. This exquisitely appointed and FULLY FURNISHED (turn key) home is absolutely EXCEPTIONAL. Located in Mesa Hills, a gated, active adult community, this desirable retreat is situated on an elevated home site and backed by a beautifully landscaped common area. This premium home site offers a gorgeous view and a spacious and lushly landscaped yard surrounded by mature trees. The outdoor space is inviting with an extended pergola, privacy panel and electric sunshades. The interior of the home is sophisticated and the open concept floor plan is desirable. All the furnishings, accessories, rugs, electronics and dishes are included. Every room is impressive, spacious and private. The kitchen is appealing with upgraded cabinetry, stainless steel appliances, center island and Corian counter tops. The primary suite opens to the patio and the two other bedrooms have direct bathroom access. The laundry room is lined with cabinets and the costly washer and dryer are brand new. The oversized 3 car garage allows plenty of room for vehicles and storage. The entire exterior of the home was recently painted.

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