6285 Mohawk StLas VegasNV89118
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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 6285 Mohawk St, Las Vegas, NV, 89118 generates $3,697/mo in rent, after a $7,219/mo payment. Total monthly income is $3,697/mo. Return on cash invested sits at 8.25% in year one, and rental yield is 3.01% on a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 39.7% and total cumulative return in cash sums $189,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,697/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89118, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,117 (100%) |
| Owner Occupied HU | 4,915 (37.5%) |
| Renter Occupied HU | 6,706 (51.1%) |
| Vacant Housing Units | 1,496 (11.4%) |
| Median Home Value | $465,489 |
| Average Home Value | $512,721 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
5,363
Multi-Family
4,219
Businesses
3,337
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