623 California AveBoulder CityNV89005
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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 Boulder City at 623 California Ave, Boulder City, NV, 89005 generates $3,167/mo in rent and, after a $2,570/mo payment, leaves $133/mo in cash flow. Total monthly income is $3,167/mo, and annual cash flow is $1,599/yr on $172,725 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 7.24% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 108.06% and total cumulative return in cash sums $186,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89005, Boulder City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,527 (100%) |
| Owner Occupied HU | 5,085 (67.6%) |
| Renter Occupied HU | 1,579 (21.0%) |
| Vacant Housing Units | 863 (11.5%) |
| Median Home Value | $480,256 |
| Average Home Value | $540,847 |
Housing Distribution
Address Breakdown
Residential
6,984
Single Family
6,470
Multi-Family
514
Businesses
524
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Listed by: Laura E. Harbison • Realty Executives Southern
Mls Name: LVR
Mls Provider:
Mls ID: #2738294
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)