360 Echo RdMount CharlestonNV89124
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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 Mount Charleston at 360 Echo Rd, Mount Charleston, NV, 89124 offers a 2.13% rental yield on a $1,150,000 purchase with $2,040/mo rent. 54% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 25.14% and total cumulative return in cash at $93,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89124, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 304 (45.8%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 322 (48.5%) |
| Median Home Value | $723,301 |
| Average Home Value | $810,938 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
352
Multi-Family
0
Businesses
21
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Listed by: Kaitlin J. Corr • Mt Charleston Realty, Inc
Mls Name: LVR
Mls ID: #2708962