2909 Merritt AveLas VegasNV89102
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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 2909 Merritt Ave, Las Vegas, NV, 89102 earns $1,338/mo cash flow from $3,649/mo rent with a $1,958/mo payment. Total monthly income totals $3,649/mo, and annual cash flow totals $16,052/yr on $132,600 capital. ROI tracks 32.01% on current figures, and rental yield reads 10.95% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 167.22% and total cumulative return in cash sums $221,740. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,649/mo property income instead of your personal income.
Single Family
Built in 1962
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89102, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,885 (100%) |
| Owner Occupied HU | 4,316 (27.2%) |
| Renter Occupied HU | 10,414 (65.6%) |
| Vacant Housing Units | 1,155 ( 7.3%) |
| Median Home Value | $422,592 |
| Average Home Value | $573,586 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
5,941
Multi-Family
9,641
Businesses
2,805
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