1624 Desert Path 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
Investment property for sale in North Las Vegas at 1624 Desert Path Ave, North Las Vegas, NV, 89032 uses $139,562 cash to close to unlock $5,053/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $2,061/mo payment keeps the spread at $421/mo. Purchase price stands at $421,000, and rental yield measures 8.13% with $2,854/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $116,315 over five years. Five-year ROI reaches 121.74% and total cumulative return in cash records $169,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $2,061/mo payment rather than investor’s personal income.
Single Family
Built in 2023
3,484 sqft lot
$N/A/sqft
No 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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Listed by: Bernard McCaw • North American Realty of NV
Mls Name: LVR
Mls ID: #2739955