216 Vegas Verde Ave LOT 5North 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
Investment property for sale in North Las Vegas at 216 Vegas Verde Ave LOT 5, North Las Vegas, NV, 89031 uses $157,525 cash to close to unlock $7,755/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $3,392/mo, and a $2,326/mo payment keeps the spread at $646/mo. Purchase price stands at $475,190, and rental yield measures 8.57% with $3,392/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $131,286 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash records $202,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,392/mo property income covering a $2,326/mo payment rather than investor’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: #2743076