2451 N Rainbow Blvd UNIT 1016Las VegasNV89108
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 2451 N Rainbow Blvd UNIT 1016, Las Vegas, NV, 89108 generates $1,421/mo in rent and, after a $891/mo payment, leaves $113/mo in cash flow. Total monthly income is $1,421/mo, and annual cash flow is $1,359/yr on $60,333 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 9.37% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 116.29% and total cumulative return in cash sums $70,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,421/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$256 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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Nearby investment properties with comparable prices
Listed by: Alex E. Adabashi • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls Provider:
Mls ID: #2710030
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)