23 Indian Run WayLas VegasNV89148
Nearby investment properties with comparable rents
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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 23 Indian Run Way, Las Vegas, NV, 89148 priced at $525,000 converts $3,044/mo rent into after a $2,570/mo obligation. Total monthly income equals $3,044/mo. Return on cash invested prints 18.26% in year one, and rental yield reads 6.96% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 94.1% and total cumulative return in cash sums $162,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,044/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89148, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,801 (100%) |
| Owner Occupied HU | 14,125 (49.0%) |
| Renter Occupied HU | 12,851 (44.6%) |
| Vacant Housing Units | 1,825 ( 6.3%) |
| Median Home Value | $481,772 |
| Average Home Value | $538,743 |
Housing Distribution
Address Breakdown
Residential
25,866
Single Family
19,281
Multi-Family
6,585
Businesses
924
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Nearby investment properties with comparable prices
Listed by: Winson Woo • AMaxima Realty and Property Ma
Mls Name: LVR
Mls Provider:
Mls ID: #2688839
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)