1512 Groom AveNorth Las VegasNV89081
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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 North Las Vegas at 1512 Groom Ave, North Las Vegas, NV, 89081 uses $136,578 cash to close to unlock $3,682/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $2,017/mo payment keeps the spread at $307/mo. Purchase price stands at $412,000, and rental yield measures 8.14% with $2,796/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 117.1% and total cumulative return in cash records $159,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $2,017/mo payment rather than investor’s personal income.
Single Family
Built in 2009
3,484 sqft lot
$N/A/sqft
$100 monthly HOA
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Listed by: Carlos M. Fernandez-Florez • Xtreme Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2688316
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