6235 Fire Lake CtLas VegasNV89149
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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 6235 Fire Lake Ct, Las Vegas, NV, 89149 priced at $1,310,569 converts $4,490/mo rent into after a $6,415/mo obligation. Total monthly income equals $4,490/mo. Return on cash invested prints 11.66% in year one, and rental yield reads 4.11% against a $1,310,569 entry. Equity gained on principal adds $8,457/yr, while 5% annual appreciation compiles into $362,086 by year five. Five-year ROI reaches 57.95% and total cumulative return in cash sums $246,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,490/mo property income covering a $6,415/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89149, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,446 (100%) |
| Owner Occupied HU | 11,878 (64.4%) |
| Renter Occupied HU | 5,353 (29.0%) |
| Vacant Housing Units | 1,215 ( 6.6%) |
| Median Home Value | $553,539 |
| Average Home Value | $614,481 |
Housing Distribution
Address Breakdown
Residential
17,056
Single Family
14,936
Multi-Family
2,120
Businesses
376
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Nearby investment properties with comparable prices
Listed by: Mona G. Riekki • TMI Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2566434
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of 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 2024 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_25)