1213 High Altitude AveNorth Las VegasNV89032
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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 North Las Vegas at 1213 High Altitude Ave, North Las Vegas, NV, 89032 priced at $482,100 converts $2,855/mo rent into after a $2,360/mo obligation. Total monthly income equals $2,855/mo. Return on cash invested prints 19.84% in year one, and rental yield reads 7.11% against a $482,100 entry. Equity gained on principal adds $3,111/yr, while 5% annual appreciation compiles into $133,195 by year five. Five-year ROI reaches 102.13% and total cumulative return in cash sums $163,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,855/mo property income covering a $2,360/mo payment, not borrower’s personal income.
Single Family
Built in 2006
6,970 sqft lot
$N/A/sqft
$66 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89032, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,993 (100%) |
| Owner Occupied HU | 10,276 (60.5%) |
| Renter Occupied HU | 6,247 (36.8%) |
| Vacant Housing Units | 470 ( 2.8%) |
| Median Home Value | $385,231 |
| Average Home Value | $442,415 |
Housing Distribution
Address Breakdown
Residential
15,939
Single Family
13,709
Multi-Family
2,230
Businesses
918
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