4720 Basilicata Ln Unit 201North Las VegasNV89084
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
Investment property for sale in North Las Vegas at 4720 Basilicata Ln Unit 201, North Las Vegas, NV, 89084 offers a 9.19% rental yield on a $326,500 purchase with $2,501/mo rent. Total monthly income registers $2,501/mo, and a $1,598/mo payment leaves $615/mo available for distribution. Annual cash flow reaches $7,375/yr on $108,235 to close, and return on cash invested stands at 26.72% in year one. Equity gained on principal adds $2,107/yr while 5% annual appreciation supports $90,206 over five years. Portfolio math shows five-year ROI at 138.86% and total cumulative return in cash at $150,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,501/mo property income against a $1,598/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
9,378 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89084, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,927 (100%) |
| Owner Occupied HU | 11,732 (73.7%) |
| Renter Occupied HU | 3,273 (20.6%) |
| Vacant Housing Units | 922 ( 5.8%) |
| Median Home Value | $458,435 |
| Average Home Value | $491,279 |
Housing Distribution
Address Breakdown
Residential
15,636
Single Family
14,300
Multi-Family
1,336
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David L. Hagarty • Realty ONE Group, Inc
Mls Name: LVR
Mls ID: #2749192