2900 Magnet StNorth Las VegasNV89030
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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 North Las Vegas at 2900 Magnet St, North Las Vegas, NV, 89030 earns $18/mo cash flow from $2,012/mo rent with a $1,689/mo payment. Total monthly income totals $2,012/mo, and annual cash flow totals $219/yr on $114,368 capital. ROI tracks 20.1% on current figures, and rental yield reads 7% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 103.35% and total cumulative return in cash sums $118,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,012/mo property income instead of your personal income.
Single Family
Built in 1963
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89030, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,412 (100%) |
| Owner Occupied HU | 6,146 (39.9%) |
| Renter Occupied HU | 8,622 (55.9%) |
| Vacant Housing Units | 644 ( 4.2%) |
| Median Home Value | $272,640 |
| Average Home Value | $339,522 |
Housing Distribution
Address Breakdown
Residential
15,325
Single Family
11,354
Multi-Family
3,971
Businesses
1,467
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Listed by: Matthew Snyder • Real Broker LLC
Mls Name: LVR
Mls Provider:
Mls ID: #2713358
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas 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 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)