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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 701 Aztec Cir, Mesquite, NV, 89027 priced at $255,000 converts $1,945/mo rent into $134/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,945/mo, and annual cash flow totals $1,605/yr on $84,533 invested. Return on cash invested prints 21.81% in year one, and rental yield reads 9.15% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 114.23% and total cumulative return in cash sums $96,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,945/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
1,306 sqft lot
$N/A/sqft
$338 monthly 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 |
|---|---|---|
| 2024-12-30 | Price change | $255,000 |
| 2024-12-13 | Listed for sale | $260,000 |
| 2007-07-16 | Sold | $166,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $1344.38 | 7.98% | $50,893 | 3.69% |
| 2023-02-24 | $1244.99 | 7.98% | $49,080 | 18.27% |
| 2022-02-24 | $1152.95 | 2.86% | $41,498 | -0.60% |
Listed by: Stephanie K. Cannon • RE/MAX Ridge Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2654348
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_25)
