2475 Altitude StLas VegasNV89138
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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 2475 Altitude St, Las Vegas, NV, 89138 generates $3,534/mo in rent and, after a $2,685/mo payment, leaves $364/mo in cash flow. Total monthly income is $3,534/mo, and annual cash flow is $4,374/yr on $180,460 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 7.73% on a $548,511 entry. Equity gained on principal adds $3,539/yr, while 5% annual appreciation builds toward $151,543 over five years. Five-year ROI reaches 116.08% and total cumulative return in cash sums $209,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,534/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
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