6720 Lavender Lilly Ln UNIT 2North 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
Rental property for sale in North Las Vegas at 6720 Lavender Lilly Ln UNIT 2, North Las Vegas, NV, 89084 generates $2,099/mo in rent and, after a $1,615/mo payment, leaves $193/mo in cash flow. Total monthly income is $2,099/mo, and annual cash flow is $2,310/yr on $109,395 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 7.63% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 113.64% and total cumulative return in cash sums $124,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,099/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
871.20 sqft lot
$N/A/sqft
No 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: Serena M. Heuser • Magenta
Mls Name: LVR
Mls ID: #2731456