310 Echo RdMount CharlestonNV89124
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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 Mount Charleston at 310 Echo Rd, Mount Charleston, NV, 89124 generates $4,351/mo in rent, after a $4,405/mo payment. Total monthly income is $4,351/mo. Return on cash invested sits at 16.62% in year one, and rental yield is 5.8% on a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 84.62% and total cumulative return in cash sums $250,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,351/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89124, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 304 (45.8%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 322 (48.5%) |
| Median Home Value | $723,301 |
| Average Home Value | $810,938 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
352
Multi-Family
0
Businesses
21
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Listed by: Timothy W. Hanson • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2715405