1840 Myrtle Island DrLas VegasNV89117
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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 Las Vegas at 1840 Myrtle Island Dr, Las Vegas, NV, 89117 with 5% annual appreciation on a $1,334,900 basis while $4,906/mo rent supports operations. 58% in year one. Equity gained on principal adds $8,614/yr, and five-year appreciation sums $368,808 alongside rental yield of 4.41%. Five-year ROI measures 62.89% and total cumulative return in cash totals $272,021. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,906/mo property income versus a $6,534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89117, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,747 (100%) |
| Owner Occupied HU | 12,007 (48.5%) |
| Renter Occupied HU | 11,684 (47.2%) |
| Vacant Housing Units | 1,056 ( 4.3%) |
| Median Home Value | $534,124 |
| Average Home Value | $615,380 |
Housing Distribution
Address Breakdown
Residential
25,062
Single Family
15,403
Multi-Family
9,659
Businesses
1,430
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