2014 Millergrove AveNorth Las VegasNV89086
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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 North Las Vegas at 2014 Millergrove Ave, North Las Vegas, NV, 89086 uses $158,125 cash to close to unlock $1,700/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $2,335/mo payment keeps the spread at $142/mo. Purchase price stands at $476,999, and rental yield measures 7.29% with $2,898/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $131,786 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash records $170,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $2,335/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89086, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,427 (100%) |
| Owner Occupied HU | 3,866 (71.2%) |
| Renter Occupied HU | 1,365 (25.2%) |
| Vacant Housing Units | 196 ( 3.6%) |
| Median Home Value | $428,247 |
| Average Home Value | $469,700 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
3,436
Multi-Family
1,306
Businesses
62
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Listed by: Jessica Pacheco • Realty ONE Group, Inc
Mls Name: GLVAR
Mls ID: #2699144