2451 N Rainbow Blvd UNIT 1020Las VegasNV89108
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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 1020, Las Vegas, NV, 89108 generates $1,235/mo in rent and, after a $771/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,235/mo, and annual cash flow is $3,898/yr on $52,211 invested. Return on cash invested sits at 27.38% in year one, and rental yield is 9.41% on a $157,500 entry. Equity gained on principal adds $1,016/yr, while 5% annual appreciation builds toward $43,514 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash sums $74,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,235/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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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