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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 890 Kitty Hawk Dr UNIT 3111, Mesquite, NV, 89027 earns $67/mo cash flow from $1,727/mo rent with a $1,224/mo payment. Total monthly income totals $1,727/mo, and annual cash flow totals $806/yr on $82,875 capital. ROI tracks 20.88% on current figures, and rental yield reads 8.29% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 108.7% and total cumulative return in cash sums $90,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,727/mo property income instead of your personal income.
Condo
Built in 2008
N/A 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 |
|---|---|---|
| 2024-10-02 | Listed for sale | $250,000 |
| 2010-01-28 | Sold | $84,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-24 | $949.87 | 7.98% | $56,735 | 13.18% |
| 2023-02-24 | $879.70 | 7.98% | $50,130 | 9.84% |
| 2022-02-24 | $814.72 | 7.91% | $45,638 | 3.83% |
Listed by: Johnathan Troy Lindley • Premier Properties of Mesquite
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1125755
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
