2918 Woodbourne AveNorth Las VegasNV89031
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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 2918 Woodbourne Ave, North Las Vegas, NV, 89031 uses $159,120 cash to close to unlock $4,296/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $3,131/mo, and a $2,349/mo payment keeps the spread at $358/mo. Purchase price stands at $479,999, and rental yield measures 7.83% with $3,131/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash records $185,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,131/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2021
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Thomas Sullivan • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls ID: #2705698