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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 728 Hardy Way, Mesquite, NV, 89027 offers $1,690/mo rent that, after a $1,027/mo payment, leaves $89/mo cash flow. Total monthly income is $1,690/mo, and annual cash flow is $1,073/yr on $69,582 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 9.66% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 113.02% and total cumulative return in cash reaches $78,644. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,690/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$370 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 |
|---|---|---|
| 2025-02-12 | Price change | $209,900 |
| 2024-11-11 | Listed for sale | $212,000 |
| 2006-10-10 | Sold | $207,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $1393.58 | 7.98% | $66,395 | 14.52% |
| 2023-02-24 | $1290.55 | 7.98% | $57,977 | 5.21% |
| 2022-02-24 | $1195.13 | 3.14% | $55,106 | 4.63% |
Listed by: John Larson • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125877
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
