5637 Vermillion Ridge StNorth Las VegasNV89031
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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
Investment property for sale in North Las Vegas at 5637 Vermillion Ridge St, North Las Vegas, NV, 89031 uses $160,774 cash to close to unlock $10,171/yr annual cash flow and $848/mo monthly cash flow. Total monthly income runs $3,650/mo, and a $2,374/mo payment keeps the spread at $848/mo. Purchase price stands at $484,990, and rental yield measures 9.03% with $3,650/mo rent. Return on cash invested shows 26.24% in year one, and 5% annual appreciation builds toward $133,994 over five years. Five-year ROI reaches 136.23% and total cumulative return in cash records $219,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,650/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Frank L. Aguilar Jr • Century 21 Americana
Mls Name: LVR
Mls ID: #2725188