2538 Plan, Heartland Manor at Tule SpringsNorth Las VegasNV89084
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Las Vegas at 2538 Plan, Heartland Manor at Tule Springs, North Las Vegas, NV, 89084 priced at $602,990 converts $3,598/mo rent into $114/mo cash flow after a $2,951/mo obligation. Total monthly income equals $3,598/mo, and annual cash flow totals $1,372/yr on $198,384 invested. Return on cash invested prints 20.75% in year one, and rental yield reads 7.16% against a $602,990 entry. Equity gained on principal adds $3,891/yr, while 5% annual appreciation compiles into $166,595 by year five. Five-year ROI reaches 106.79% and total cumulative return in cash sums $211,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,598/mo property income covering a $2,951/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89084, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,927 (100%) |
| Owner Occupied HU | 11,732 (73.7%) |
| Renter Occupied HU | 3,273 (20.6%) |
| Vacant Housing Units | 922 ( 5.8%) |
| Median Home Value | $458,435 |
| Average Home Value | $491,279 |
Housing Distribution
Address Breakdown
Residential
15,636
Single Family
14,300
Multi-Family
1,336
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tommy Boudreau • D.R. Horton - Las Vegas
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A