5960 Palmilla 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 5960 Palmilla St LOT 3, North Las Vegas, NV, 89031 listed at $307,000 pairs $2,164/mo rent with a $1,503/mo payment to leave $129/mo cash flow. Total monthly income runs $2,164/mo, and annual cash flow reaches $1,546/yr on $101,771 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 8.46% at a $307,000 basis. Equity gained on principal adds $1,981/yr, and annual property appreciation at 5% supports $84,818 by year five. Five-year ROI tracks 111.56% and total cumulative return in cash totals $113,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,164/mo property income relative to a $1,503/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
871.20 sqft lot
$N/A/sqft
$261 monthly 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: Tara F. Jones • Opendoor Brokerage LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2645510
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