2645 Cedar AveLas VegasNV89101
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
Investment property for sale in Las Vegas at 2645 Cedar Ave, Las Vegas, NV, 89101 uses $69,449 cash to close to unlock $9,011/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $1,961/mo, and a $1,025/mo payment keeps the spread at $751/mo. Purchase price stands at $209,500, and rental yield measures 11.23% with $1,961/mo rent. Return on cash invested shows 32.88% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 171.88% and total cumulative return in cash records $119,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Single Family
Built in 1953
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices