23 Tea Olive DrLas VegasNV89141
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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 Tea Olive Dr, Las Vegas, NV, 89141 offers $8,558/mo rent that, after a $9,471/mo payment. Total monthly income is $8,558/mo. Return on cash invested measures 15.35% in year one, and rental yield stands at 5.31% at a $1,935,000 entry. Equity gained on principal adds $12,486/yr while 5% annual appreciation compounds into $534,605 by year five. Five-year ROI records 77.75% and total cumulative return in cash reaches $487,428. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,558/mo property income versus a $9,471/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89141, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 12,595 (67.7%) |
| Renter Occupied HU | 4,715 (25.3%) |
| Vacant Housing Units | 1,290 ( 6.9%) |
| Median Home Value | $559,133 |
| Average Home Value | $641,827 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
15,446
Multi-Family
2,083
Businesses
162
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