449 Orchid Oasis AveNorth Las VegasNV89031
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 449 Orchid Oasis Ave, North Las Vegas, NV, 89031 priced at $385,000 converts $2,378/mo rent into $154/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,378/mo, and annual cash flow totals $1,847/yr on $127,628 invested. Return on cash invested prints 21.36% in year one, and rental yield reads 7.41% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 110.05% and total cumulative return in cash sums $140,458. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,378/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2005
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alfonso Caballero • Show Vegas Realty
Mls Name: GLVAR
Mls ID: #2695610