1124 Nassau DrLas VegasNV89108
Nearby investment properties with comparable rents
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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 Nassau Dr, Las Vegas, NV, 89108 uses $86,190 cash to close to unlock $6,640/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $2,056/mo, and a $1,273/mo payment keeps the spread at $553/mo. Purchase price stands at $260,000, and rental yield measures 9.49% with $2,056/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 143.65% and total cumulative return in cash records $123,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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Listed by: Rochelle Sutherland • Simply Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2715091
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)