1124 Coral Rainbow AveLas VegasNV89123
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Las Vegas at 1124 Coral Rainbow Ave, Las Vegas, NV, 89123 with 5% annual appreciation on a $527,200 basis while $2,968/mo rent supports operations. 25% in year one. Equity gained on principal adds $3,402/yr, and five-year appreciation sums $145,656 alongside rental yield of 6.76%. Five-year ROI measures 98.83% and total cumulative return in cash totals $171,411. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,968/mo property income versus a $2,580/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
4,791 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89123, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,907 (100%) |
| Owner Occupied HU | 13,877 (51.6%) |
| Renter Occupied HU | 11,003 (40.9%) |
| Vacant Housing Units | 2,027 ( 7.5%) |
| Median Home Value | $461,252 |
| Average Home Value | $499,011 |
Housing Distribution
Address Breakdown
Residential
23,540
Single Family
16,483
Multi-Family
7,057
Businesses
1,163
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