208 Vegas Verde Ave LOT 7North Las VegasNV89031
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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 North Las Vegas at 208 Vegas Verde Ave LOT 7, North Las Vegas, NV, 89031 generates $3,392/mo in rent and, after a $2,457/mo payment, leaves $492/mo in cash flow. Total monthly income is $3,392/mo, and annual cash flow is $5,899/yr on $165,155 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 8.11% on a $501,990 entry. Equity gained on principal adds $3,239/yr, while 5% annual appreciation builds toward $138,691 over five years. Five-year ROI reaches 122.24% and total cumulative return in cash sums $201,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,392/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Donato L. Martinez • D R Horton Inc
Mls Name: LVR
Mls ID: #2742691