6125 Resort Ridge StLas VegasNV89130
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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
Rental property for sale in Las Vegas at 6125 Resort Ridge St, Las Vegas, NV, 89130 priced at $699,990 converts $4,628/mo rent into $584/mo cash flow after a $3,426/mo obligation. Total monthly income equals $4,628/mo, and annual cash flow totals $7,004/yr on $230,297 invested. Return on cash invested prints 23.1% in year one, and rental yield reads 7.93% against a $699,990 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,394 by year five. Five-year ROI reaches 119.39% and total cumulative return in cash sums $274,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,628/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2000
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89130, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,698 (100%) |
| Owner Occupied HU | 9,742 (76.7%) |
| Renter Occupied HU | 2,628 (20.7%) |
| Vacant Housing Units | 328 ( 2.6%) |
| Median Home Value | $452,952 |
| Average Home Value | $514,261 |
Housing Distribution
Address Breakdown
Residential
13,421
Single Family
11,776
Multi-Family
1,645
Businesses
799
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