4923 E Cleveland AveLas VegasNV89104
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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 4923 E Cleveland Ave, Las Vegas, NV, 89104 priced at $459,900 converts $3,541/mo rent into $884/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,541/mo, and annual cash flow totals $10,605/yr on $152,457 invested. Return on cash invested prints 26.87% in year one, and rental yield reads 9.24% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 139.6% and total cumulative return in cash sums $212,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,541/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1978
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
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Listed by: Javier A. Lopez • Las Colinas Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2598288
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