329 N 8th StLas VegasNV89101
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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
Total monthly income runs $1,285/mo, and a $2,936/mo payment. Purchase price stands at $599,950, and rental yield measures 2.57% with $1,285/mo rent. Return on cash invested shows 6.8% in year one, and 5% annual appreciation builds toward $165,755 over five years. Five-year ROI reaches 32% and total cumulative return in cash records $63,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,285/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Multi Family
Built in 1933
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
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