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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 893 Mesquite Springs Dr UNIT 202, Mesquite, NV, 89027 uses $65,969 cash to close to unlock $2,823/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,710/mo, and a $974/mo payment keeps the spread at $235/mo. Purchase price stands at $199,000, and rental yield measures 10.31% with $1,710/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash records $84,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$325 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $199,000 |
| 2025-06-26 | Listing removed | $207,000 |
| 2025-04-29 | Price change | $207,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-07-01 | $963.06 | 7.89% | $47,152 | -5.71% |
| 2024-07-01 | $892.62 | 2.99% | $50,010 | 26.51% |
| 2023-07-01 | $866.73 | 7.98% | $39,529 | 1.72% |
Listed by: Mark Brackelsberg • RE/MAX Ridge Realty
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126590
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
