2508 Rapid Bay CtLas VegasNV89142
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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 2508 Rapid Bay Ct, Las Vegas, NV, 89142 offers a 6.57% rental yield on a $454,900 purchase with $2,491/mo rent. 81% in year one. Equity gained on principal adds $2,935/yr while 5% annual appreciation supports $125,680 over five years. Portfolio math shows five-year ROI at 96.44% and total cumulative return in cash at $145,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,491/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89142, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,287 (100%) |
| Owner Occupied HU | 7,054 (62.5%) |
| Renter Occupied HU | 3,968 (35.2%) |
| Vacant Housing Units | 265 ( 2.3%) |
| Median Home Value | $373,244 |
| Average Home Value | $394,231 |
Housing Distribution
Address Breakdown
Residential
11,345
Single Family
9,206
Multi-Family
2,139
Businesses
104
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