3215 Ashby AveLas VegasNV89102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3215 Ashby Ave, Las Vegas, NV, 89102 generates $10,051/mo in rent and, after a $5,869/mo payment, leaves $3,123/mo in cash flow. Total monthly income is $10,051/mo, and annual cash flow is $37,475/yr on $388,476 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 10.06% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 156.39% and total cumulative return in cash sums $607,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $10,051/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.86 Acres 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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Listed by: Erin Peace • Peace Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2586970
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