6240 Oread AveLas VegasNV89139
Nearby investment properties with comparable rents
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
Investment property for sale in Las Vegas at 6240 Oread Ave, Las Vegas, NV, 89139 earns $260/mo cash flow from $2,400/mo rent with a $1,735/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $3,118/yr on $117,517 capital. ROI tracks 22.56% on current figures, and rental yield reads 8.12% at a $354,500 purchase. Equity gained on principal adds $2,288/yr, and 5% annual appreciation supports $97,942 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $137,339. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 2005
1,742 sqft lot
$N/A/sqft
$92 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89139, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,973 (100%) |
| Owner Occupied HU | 10,646 (62.7%) |
| Renter Occupied HU | 5,801 (34.2%) |
| Vacant Housing Units | 526 ( 3.1%) |
| Median Home Value | $508,540 |
| Average Home Value | $555,684 |
Housing Distribution
Address Breakdown
Residential
16,378
Single Family
14,254
Multi-Family
2,124
Businesses
700
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Nearby investment properties with comparable prices
Listed by: Camille Johns • LPT Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2629911
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