6121 Iris CirLas VegasNV89107
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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 6121 Iris Cir, Las Vegas, NV, 89107 priced at $300,000 pairs $2,119/mo rent with $386/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,119/mo, and annual cash flow comes to $4,632/yr on $99,450 invested. Return on cash invested is 24.57% in year one, and rental yield stands at 8.48% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 127.26% and total cumulative return in cash reaches $126,564. For financing, Ziffy Mortgage’s DSCR program evaluates $2,119/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
6,098 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: Erin C. Ackerman • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls Provider:
Mls ID: #2682278
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)