2801 N Rainbow Blvd APT 120Las VegasNV89108
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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 2801 N Rainbow Blvd APT 120, Las Vegas, NV, 89108 earns $544/mo cash flow from $1,642/mo rent with a $930/mo payment. Total monthly income totals $1,642/mo, and annual cash flow totals $6,530/yr on $62,985 capital. ROI tracks 30.28% on current figures, and rental yield reads 10.37% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 157.96% and total cumulative return in cash sums $99,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,642/mo property income instead of your personal income.
Condo
Built in 1990
5,327 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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