5935 Nuevo Leon St LOT 3North 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 5935 Nuevo Leon St LOT 3, North Las Vegas, NV, 89031 earns $456/mo cash flow from $2,161/mo rent with a $1,444/mo payment. Total monthly income totals $2,161/mo, and annual cash flow totals $5,477/yr on $97,793 capital. ROI tracks 25.51% on current figures, and rental yield reads 8.79% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 132.37% and total cumulative return in cash sums $129,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,161/mo property income instead of your personal income.
Townhouse
Built in 2005
871.20 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: Nicholas J. Giorgi • Real Broker LLC
Mls Name: LVR
Mls ID: #2707314