2451 N Rainbow Blvd UNIT 2026Las 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
Investment property for sale in Las Vegas at 2451 N Rainbow Blvd UNIT 2026, Las Vegas, NV, 89108 uses $70,278 cash to close to unlock $3,141/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $1,038/mo payment keeps the spread at $262/mo. Purchase price stands at $212,000, and rental yield measures 8.42% with $1,487/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash records $88,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Condo
Built in 1988
1,128 sqft 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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