1418 Majestic Pond AveNorth Las VegasNV89084
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Las Vegas at 1418 Majestic Pond Ave, North Las Vegas, NV, 89084 offers a 7.37% rental yield on a $442,000 purchase with $2,716/mo rent. Total monthly income registers $2,716/mo, and a $2,163/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,951/yr on $146,523 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $2,852/yr while 5% annual appreciation supports $122,116 over five years. Portfolio math shows five-year ROI at 109.44% and total cumulative return in cash at $160,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,716/mo property income against a $2,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89084, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,927 (100%) |
| Owner Occupied HU | 11,732 (73.7%) |
| Renter Occupied HU | 3,273 (20.6%) |
| Vacant Housing Units | 922 ( 5.8%) |
| Median Home Value | $458,435 |
| Average Home Value | $491,279 |
Housing Distribution
Address Breakdown
Residential
15,636
Single Family
14,300
Multi-Family
1,336
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi L. Haustein • Five Star Realty
Mls Name: LVR
Mls ID: #2742272