6149 Ethel May StLas VegasNV89108
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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 Las Vegas at 6149 Ethel May St, Las Vegas, NV, 89108 offers a 8.05% rental yield on a $353,500 purchase with $2,371/mo rent. Total monthly income registers $2,371/mo, and a $1,730/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,165/yr on $117,185 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $2,281/yr while 5% annual appreciation supports $97,666 over five years. Portfolio math shows five-year ROI at 117.03% and total cumulative return in cash at $137,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,371/mo property income against a $1,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2,178 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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Nearby investment properties with comparable prices
Listed by: Wendell D. West • BHHS Nevada Properties
Mls Name: GLVAR
Mls Provider:
Mls ID: #2588984
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