2970 Galit AveLas VegasNV89121
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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
Rental property for sale in Las Vegas at 2970 Galit Ave, Las Vegas, NV, 89121 generates $3,622/mo in rent and, after a $2,731/mo payment, leaves $398/mo in cash flow. Total monthly income is $3,622/mo, and annual cash flow is $4,777/yr on $183,582 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 7.79% on a $558,000 entry. Equity gained on principal adds $3,601/yr, while 5% annual appreciation builds toward $154,165 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $214,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,622/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
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