3501 Orvis StNorth 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 3501 Orvis St, North Las Vegas, NV, 89030 uses $122,622 cash to close to unlock $207/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,810/mo payment keeps the spread at $17/mo. Purchase price stands at $369,900, and rental yield measures 6.99% with $2,154/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 103.22% and total cumulative return in cash records $126,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,405 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: Ron Nir • ROI Assets Realty
Mls Name: LVR
Mls ID: #2745523