415 Miller AveNorth 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
Rental property for sale in North Las Vegas at 415 Miller Ave, North Las Vegas, NV, 89030 priced at $315,000 pairs $1,988/mo rent with $168/mo cash flow after a $1,542/mo payment. Total monthly income equals $1,988/mo, and annual cash flow comes to $2,013/yr on $104,423 invested. Return on cash invested is 21.84% in year one, and rental yield stands at 7.57% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 112.65% and total cumulative return in cash reaches $117,629. For financing, Ziffy Mortgage’s DSCR program evaluates $1,988/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
6,534 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: Keila Amos-Odinas • eXp Realty
Mls Name: LVR
Mls ID: #2750289