3940 Edgemoor WayLas VegasNV89121
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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
Rental property for sale in Las Vegas at 3940 Edgemoor Way, Las Vegas, NV, 89121 priced at $339,888 converts $2,075/mo rent into after a $1,664/mo obligation. Total monthly income equals $2,075/mo. Return on cash invested prints 18.05% in year one, and rental yield reads 7.33% against a $339,888 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,905 by year five. Five-year ROI reaches 93.46% and total cumulative return in cash sums $105,307. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,075/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
2,613 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
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Listed by: Nora E. Rodriguez • Orange Realty Group LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2648222
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