2801 N Rainbow Blvd APT 153Las 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 153, Las Vegas, NV, 89108 listed at $190,000 pairs $1,555/mo rent with a $930/mo payment to leave $457/mo cash flow. Total monthly income runs $1,555/mo, and annual cash flow reaches $5,486/yr on $62,985 cash to close. Return on cash invested measures 28.62% in year one, and rental yield registers 9.82% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 149.06% and total cumulative return in cash totals $93,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,555/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
5,344 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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