3024 Pismo Beach DrLas VegasNV89128
Nearby investment properties with comparable rents
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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 3024 Pismo Beach Dr, Las Vegas, NV, 89128 priced at $570,000 converts $3,536/mo rent into $128/mo cash flow after a $2,790/mo obligation. Total monthly income equals $3,536/mo, and annual cash flow totals $1,530/yr on $187,530 invested. Return on cash invested prints 20.88% in year one, and rental yield reads 7.44% against a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation compiles into $157,480 by year five. Five-year ROI reaches 107.73% and total cumulative return in cash sums $202,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,536/mo property income covering a $2,790/mo payment, not borrower’s personal income.
Single Family
Built in 1994
5,227 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89128, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,187 (100%) |
| Owner Occupied HU | 8,552 (49.8%) |
| Renter Occupied HU | 7,765 (45.2%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $425,266 |
| Average Home Value | $473,431 |
Housing Distribution
Address Breakdown
Residential
16,539
Single Family
10,723
Multi-Family
5,816
Businesses
843
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Listed by: Margo E. Williams • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2674087
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