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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 957 Mesquite Springs Dr UNIT 201, Mesquite, NV, 89027 uses $62,322 cash to close to unlock $1,271/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $920/mo payment keeps the spread at $106/mo. Purchase price stands at $188,000, and rental yield measures 9.68% with $1,517/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 115.5% and total cumulative return in cash records $71,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $920/mo payment rather than investor’s personal income.
Condo
Built in 1997
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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $188,000 |
| 2024-10-05 | Listing removed | $1,100 |
| 2024-09-26 | Listed for rent | $1,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-06-28 | $883.17 | 2.90% | $43,210 | -7.12% |
| 2024-06-28 | $858.30 | 7.97% | $46,523 | 28.15% |
| 2023-06-28 | $794.92 | 7.97% | $36,303 | 1.71% |
Listed by: Debra A Parsley • Realty One Group Rivers Edge
Mls Name: Mesquite MLS
Mls Provider:
Mls ID: #1126580
Disclaimer: Copyright Mesquite Real Estate Association. All rights reserved. Information is deemed reliable but not guaranteed.
