1860 Racine DrLas VegasNV89156
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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 1860 Racine Dr, Las Vegas, NV, 89156 listed at $494,999 pairs $3,137/mo rent with a $2,423/mo payment to leave $277/mo cash flow. Total monthly income runs $3,137/mo, and annual cash flow reaches $3,321/yr on $164,092 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 7.6% at a $494,999 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 113.15% and total cumulative return in cash totals $185,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,137/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89156, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,590 (100%) |
| Owner Occupied HU | 6,421 (60.6%) |
| Renter Occupied HU | 3,803 (35.9%) |
| Vacant Housing Units | 366 ( 3.5%) |
| Median Home Value | $334,090 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
8,334
Multi-Family
1,333
Businesses
136
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