216 Vegas Verde AveNorth 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 216 Vegas Verde Ave, North Las Vegas, NV, 89031 priced at $481,990 pairs $3,392/mo rent with $607/mo cash flow after a $2,359/mo payment. Total monthly income equals $3,392/mo, and annual cash flow comes to $7,287/yr on $159,780 invested. Return on cash invested is 24.47% in year one, and rental yield stands at 8.44% on a $481,990 basis. Equity gained on principal adds $3,110/yr, and 5% annual appreciation accumulates to $133,165 by year five. Five-year ROI measures 126.78% and total cumulative return in cash reaches $202,565. For financing, Ziffy Mortgage’s DSCR program evaluates $3,392/mo property income against a $2,359/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A