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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 588 Pine Meadow Ct, Mesquite, NV, 89027 priced at $339,000 pairs $2,416/mo rent with $236/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,416/mo, and annual cash flow comes to $2,836/yr on $112,379 invested. Return on cash invested is 22.43% in year one, and rental yield stands at 8.55% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 116.72% and total cumulative return in cash reaches $131,164. For financing, Ziffy Mortgage’s DSCR program evaluates $2,416/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
5,662 sqft lot
$N/A/sqft
$215 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 |
|---|---|---|
| 2025-08-11 | Listed for sale | $339,000 |
| 2002-05-23 | Sold | $156,500 |
| 1999-12-30 | Sold | $148,835 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-08-14 | $1971.60 | 2.95% | $96,473 | 8.86% |
| 2024-08-14 | $1915.02 | 2.99% | $88,620 | 6.55% |
| 2023-08-14 | $1859.36 | 3.01% | $83,169 | 16.04% |
Listed by: Christina Potter • eXp Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126726
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
