500 S Grand Central PkwyLas VegasNV89106
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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 500 S Grand Central Pkwy, Las Vegas, NV, 89106 priced at $705,700 converts $2,760/mo rent into after a $3,454/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 13.25% in year one, and rental yield reads 4.69% against a $705,700 entry. Equity gained on principal adds $4,554/yr, while 5% annual appreciation compiles into $194,972 by year five. Five-year ROI reaches 66.57% and total cumulative return in cash sums $154,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $3,454/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89106, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,387 (100%) |
| Owner Occupied HU | 3,625 (31.8%) |
| Renter Occupied HU | 7,178 (63.0%) |
| Vacant Housing Units | 584 ( 5.1%) |
| Median Home Value | $327,194 |
| Average Home Value | $369,597 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
6,431
Multi-Family
2,763
Businesses
832
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