1956 Cosmic DrLas VegasNV89115
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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 1956 Cosmic Dr, Las Vegas, NV, 89115 priced at $625,000 converts $1,879/mo rent into after a $3,059/mo obligation. Total monthly income equals $1,879/mo. Return on cash invested prints 9.95% in year one, and rental yield reads 3.61% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 48.86% and total cumulative return in cash sums $100,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,879/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Multi Family
Built in 1987
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
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Listed by: Catherine Hyde • Simply Vegas
Mls Name: GLVAR
Mls Provider:
Mls ID: #2665853
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