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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% |
Investment property for sale in Mesquite at 514 Turtleback Rd #A, Mesquite, NV, 89027 with 5% annual appreciation on a $220,000 basis while $1,580/mo rent supports operations. Total monthly income totals $1,580/mo and a $1,077/mo payment preserves $309/mo for cash returns. Annual cash flow comes to $3,704/yr on $72,930 deployed, and return on cash invested reaches 24.99% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.62%. Five-year ROI measures 129.56% and total cumulative return in cash totals $94,487.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,580/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1997
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Terree Knutson • ERA Brokers Consolidated, Inc.
Mls Name: Mesquite MLS
Mls ID: #1126823
