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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 706 Mountain Rdg, Mesquite, NV, 89027 uses $84,533 cash to close to unlock $1,929/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $2,018/mo, and a $1,248/mo payment keeps the spread at $161/mo. Purchase price stands at $255,000, and rental yield measures 9.5% with $2,018/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 116.53% and total cumulative return in cash records $98,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,018/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
$384 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $255,000 |
| 1999-11-19 | Sold | $111,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $1340.03 | 2.99% | $68,331 | 3.56% |
| 2023-04-13 | $1301.11 | 2.99% | $65,985 | 16.53% |
| 2022-04-13 | $1263.31 | 3.13% | $56,624 | 0.94% |
Listed by: Tony D Peterson • Realty One Group Rivers Edge
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126360
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
