3322 Ocatillo Mesa WayNorth Las VegasNV89031
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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
Investment property for sale in North Las Vegas at 3322 Ocatillo Mesa Way, North Las Vegas, NV, 89031 earns from $2,227/mo rent with a $2,197/mo payment. Total monthly income totals $2,227/mo. ROI tracks 16.95% on current figures, and rental yield reads 5.95% at a $448,888 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,019 over five years. Five-year ROI reaches 86.47% and total cumulative return in cash sums $128,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,227/mo property income instead of your personal income.
Single Family
Built in 2002
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Paul M. Bowler • Simply Vegas
Mls Name: LVR
Mls ID: #2744483