1871 Continental AveLas 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
Rental property for sale in Las Vegas at 1871 Continental Ave, Las Vegas, NV, 89156 generates $2,440/mo in rent and, after a $1,859/mo payment, leaves $245/mo in cash flow. Total monthly income is $2,440/mo, and annual cash flow is $2,945/yr on $125,933 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 7.71% on a $379,888 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,956 over five years. Five-year ROI reaches 114.85% and total cumulative return in cash sums $144,637. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
9,583 sqft 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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