6332 Ava Ridge AveLas VegasNV89141
Nearby investment properties with comparable rents
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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 6332 Ava Ridge Ave, Las Vegas, NV, 89141 uses $268,102 cash to close to unlock $4,956/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $5,284/mo, and a $3,989/mo payment keeps the spread at $413/mo. Purchase price stands at $814,900, and rental yield measures 7.78% with $5,284/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $225,142 over five years. Five-year ROI reaches 113.24% and total cumulative return in cash records $303,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,284/mo property income covering a $3,989/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,227 sqft lot
$N/A/sqft
$78 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89141, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 12,595 (67.7%) |
| Renter Occupied HU | 4,715 (25.3%) |
| Vacant Housing Units | 1,290 ( 6.9%) |
| Median Home Value | $559,133 |
| Average Home Value | $641,827 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
15,446
Multi-Family
2,083
Businesses
162
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Listed by: Jason M. Phillips • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2648386
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