11240 Romette CtLas VegasNV89141
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
Rental property for sale in Las Vegas at 11240 Romette Ct, Las Vegas, NV, 89141 generates $6,610/mo in rent and, after a $3,671/mo payment, leaves $2,139/mo in cash flow. Total monthly income is $6,610/mo, and annual cash flow is $25,662/yr on $246,750 invested. Return on cash invested sits at 30.46% in year one, and rental yield is 10.58% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 159.09% and total cumulative return in cash sums $392,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,610/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
$138 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89141, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 12,595 (67.7%) |
| Renter Occupied HU | 4,715 (25.3%) |
| Vacant Housing Units | 1,290 ( 6.9%) |
| Median Home Value | $559,133 |
| Average Home Value | $641,827 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
15,446
Multi-Family
2,083
Businesses
162
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Nearby investment properties with comparable prices
Listed by: David Phillips • Signature Real Estate Group
Mls Name: LVR
Mls Provider:
Mls ID: #2697259
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)