2305 Lone Ridge CtNorth Las VegasNV89032
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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 2305 Lone Ridge Ct, North Las Vegas, NV, 89032 with 5% annual appreciation on a $460,000 basis while $3,310/mo rent supports operations. Total monthly income totals $3,310/mo and a $2,251/mo payment preserves $653/mo for cash returns. Annual cash flow comes to $7,832/yr on $152,490 deployed, and return on cash invested reaches 25.05% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,090 alongside rental yield of 8.63%. Five-year ROI measures 129.85% and total cumulative return in cash totals $198,001.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,310/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89032, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,993 (100%) |
| Owner Occupied HU | 10,276 (60.5%) |
| Renter Occupied HU | 6,247 (36.8%) |
| Vacant Housing Units | 470 ( 2.8%) |
| Median Home Value | $385,231 |
| Average Home Value | $442,415 |
Housing Distribution
Address Breakdown
Residential
15,939
Single Family
13,709
Multi-Family
2,230
Businesses
918
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Nearby investment properties with comparable prices
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