3500 Mercury St APT GNorth Las VegasNV89030
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 North Las Vegas at 3500 Mercury St APT G, North Las Vegas, NV, 89030 generates $1,512/mo in rent and, after a $954/mo payment, leaves $386/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $4,629/yr on $64,643 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 9.3% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 140.71% and total cumulative return in cash sums $90,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miguel G. Oleaga-Sanchez • Wardley Real Estate
Mls Name: LVR
Mls ID: #2744382