1940 Walker StLas VegasNV89106
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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 1940 Walker St, Las Vegas, NV, 89106 priced at $304,747 converts $1,572/mo rent into after a $1,492/mo obligation. Total monthly income equals $1,572/mo. Return on cash invested prints 17.66% in year one, and rental yield reads 6.19% against a $304,747 entry. Equity gained on principal adds $1,966/yr, while 5% annual appreciation compiles into $84,196 by year five. Five-year ROI reaches 90.25% and total cumulative return in cash sums $91,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,572/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89106, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,387 (100%) |
| Owner Occupied HU | 3,625 (31.8%) |
| Renter Occupied HU | 7,178 (63.0%) |
| Vacant Housing Units | 584 ( 5.1%) |
| Median Home Value | $327,194 |
| Average Home Value | $369,597 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
6,431
Multi-Family
2,763
Businesses
832
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Listed by: Kostika Xhurka • Galindo Group Real Estate
Mls Name: GLVAR
Mls Provider:
Mls ID: #2643380
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