2840 Cedar StSunrise ManorNV89104
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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 Sunrise Manor at 2840 Cedar St, Sunrise Manor, NV, 89104 uses $112,379 cash to close to unlock $8,107/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,659/mo payment keeps the spread at $676/mo. Purchase price stands at $339,000, and rental yield measures 9.32% with $2,634/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 141% and total cumulative return in cash records $158,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Multi Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
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Listed by: Janice P. Lai • AHP Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2622244
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