3420 Mercury St APT BNorth Las VegasNV89030
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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 3420 Mercury St APT B, North Las Vegas, NV, 89030 offers a 11.92% rental yield on a $179,000 purchase with $1,778/mo rent. Total monthly income registers $1,778/mo, and a $876/mo payment leaves $744/mo available for distribution. Annual cash flow reaches $8,927/yr on $59,339 to close, and return on cash invested stands at 34.95% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 182.96% and total cumulative return in cash at $108,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,778/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89030, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,412 (100%) |
| Owner Occupied HU | 6,146 (39.9%) |
| Renter Occupied HU | 8,622 (55.9%) |
| Vacant Housing Units | 644 ( 4.2%) |
| Median Home Value | $272,640 |
| Average Home Value | $339,522 |
Housing Distribution
Address Breakdown
Residential
15,325
Single Family
11,354
Multi-Family
3,971
Businesses
1,467
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Listed by: Tina M. Brown Lavin • Go Global Realty
Mls Name: GLVAR
Mls ID: #2700712