261 Kite StPahrumpNV89048
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 Pahrump at 261 Kite St, Pahrump, NV, 89048 priced at $229,900 converts $2,058/mo rent into $702/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,058/mo, and annual cash flow totals $8,423/yr on $76,212 invested. Return on cash invested prints 30.96% in year one, and rental yield reads 10.74% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 161.74% and total cumulative return in cash sums $123,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,058/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
3,920 sqft lot
$N/A/sqft
$28 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89048, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,653 (100%) |
| Owner Occupied HU | 8,562 (67.7%) |
| Renter Occupied HU | 2,943 (23.3%) |
| Vacant Housing Units | 1,148 ( 9.1%) |
| Median Home Value | $320,864 |
| Average Home Value | $346,375 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,082
Multi-Family
94
Businesses
554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Macedo • City Villa Realty & Management
Mls Name: GLVAR
Mls Provider:
Mls ID: #2663526
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)