4999 Nellis CirLas VegasNV89120
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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 4999 Nellis Cir, Las Vegas, NV, 89120 priced at $490,000 converts $3,928/mo rent into $1,097/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,928/mo, and annual cash flow totals $13,166/yr on $162,435 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 9.62% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 145.78% and total cumulative return in cash sums $236,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,928/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89120, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,366 (100%) |
| Owner Occupied HU | 5,812 (56.1%) |
| Renter Occupied HU | 4,052 (39.1%) |
| Vacant Housing Units | 502 ( 4.8%) |
| Median Home Value | $442,122 |
| Average Home Value | $518,913 |
Housing Distribution
Address Breakdown
Residential
9,723
Single Family
6,496
Multi-Family
3,227
Businesses
2,035
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Listed by: Olga Tindera • Real Estate One LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2565052
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