164 Summer Park AveNorth Las VegasNV89031
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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 164 Summer Park Ave, North Las Vegas, NV, 89031 offers a 8.19% rental yield on a $360,990 purchase with $2,465/mo rent. Total monthly income registers $2,465/mo, and a $1,767/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,550/yr on $119,668 to close, and return on cash invested stands at 23.71% in year one. Equity gained on principal adds $2,329/yr while 5% annual appreciation supports $99,735 over five years. Portfolio math shows five-year ROI at 122.73% and total cumulative return in cash at $146,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,465/mo property income against a $1,767/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A