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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 890 Kitty Hawk Dr UNIT 3824, Mesquite, NV, 89027 generates $2,026/mo in rent and, after a $1,444/mo payment, leaves $81/mo in cash flow. Total monthly income is $2,026/mo, and annual cash flow is $977/yr on $97,793 invested. Return on cash invested sits at 20.91% in year one, and rental yield is 8.24% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 108.75% and total cumulative return in cash sums $106,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,026/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $295,000 |
| 2018-04-24 | Sold | $165,000 |
| 2017-06-16 | Listing removed | $164,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $1239.65 | 7.98% | $66,801 | 12.53% |
| 2023-05-25 | $1148.02 | 7.98% | $59,361 | 8.71% |
| 2022-05-25 | $1063.16 | 7.86% | $54,606 | 3.62% |
Listed by: DEBORAH EYTH • eXp Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126476
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
