5516 Cory PlLas VegasNV89107
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 Las Vegas at 5516 Cory Pl, Las Vegas, NV, 89107 priced at $509,999 converts $3,000/mo rent into $54/mo cash flow after a $2,496/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $642/yr on $167,790 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 7.06% against a $509,999 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,903 by year five. Five-year ROI reaches 105.14% and total cumulative return in cash sums $176,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 1985
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89107, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,025 (100%) |
| Owner Occupied HU | 7,215 (51.4%) |
| Renter Occupied HU | 6,216 (44.3%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $336,514 |
| Average Home Value | $388,591 |
Housing Distribution
Address Breakdown
Residential
13,275
Single Family
10,165
Multi-Family
3,110
Businesses
556
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Listed by: Barbaro L. Carmona • Signature Real Estate Group
Mls Name: GLVAR
Mls Provider:
Mls ID: #2688219
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