1600 E Piper AveNorth Las VegasNV89030
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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 1600 E Piper Ave, North Las Vegas, NV, 89030 uses $107,738 cash to close to unlock $4,043/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,591/mo payment keeps the spread at $337/mo. Purchase price stands at $325,000, and rental yield measures 8.18% with $2,215/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 122.43% and total cumulative return in cash records $131,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1957
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89030, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,412 (100%) |
| Owner Occupied HU | 6,146 (39.9%) |
| Renter Occupied HU | 8,622 (55.9%) |
| Vacant Housing Units | 644 ( 4.2%) |
| Median Home Value | $272,640 |
| Average Home Value | $339,522 |
Housing Distribution
Address Breakdown
Residential
15,325
Single Family
11,354
Multi-Family
3,971
Businesses
1,467
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Listed by: Yvette Castaneda • BHHS Nevada Properties
Mls Name: LVR
Mls ID: #2709014