6713 Lookout Lodge Ln UNIT 1North Las VegasNV89084
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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 North Las Vegas at 6713 Lookout Lodge Ln UNIT 1, North Las Vegas, NV, 89084 offers a 10.94% rental yield on a $283,000 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,385/mo payment leaves $722/mo available for distribution. Annual cash flow reaches $8,664/yr on $93,815 to close, and return on cash invested stands at 29.14% in year one. Equity gained on principal adds $1,826/yr while 5% annual appreciation supports $78,188 over five years. Portfolio math shows five-year ROI at 152.91% and total cumulative return in cash at $143,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,385/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,306 sqft lot
$N/A/sqft
$223 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89084, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,927 (100%) |
| Owner Occupied HU | 11,732 (73.7%) |
| Renter Occupied HU | 3,273 (20.6%) |
| Vacant Housing Units | 922 ( 5.8%) |
| Median Home Value | $458,435 |
| Average Home Value | $491,279 |
Housing Distribution
Address Breakdown
Residential
15,636
Single Family
14,300
Multi-Family
1,336
Businesses
169
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Listed by: Carla S. Ratliff • BHHS Nevada Properties
Mls Name: GLVAR
Mls Provider:
Mls ID: #2621118
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