2451 N Rainbow Blvd UNIT 2127Las 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 2127, Las Vegas, NV, 89108 generates $1,688/mo in rent and, after a $1,126/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,688/mo, and annual cash flow is $4,306/yr on $76,245 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 8.81% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 132.59% and total cumulative return in cash sums $101,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,688/mo property income rather than buyer’s personal income.
Condo
Built in 1988
0.27 Acres 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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