704 Kings AveNorth Las VegasNV89030
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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 704 Kings Ave, North Las Vegas, NV, 89030 offers $2,016/mo rent that, after a $1,541/mo payment, leaves $197/mo cash flow. Total monthly income is $2,016/mo, and annual cash flow is $2,362/yr on $104,389 cash. Return on cash invested measures 22.17% in year one, and rental yield stands at 7.68% at a $314,899 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 114.43% and total cumulative return in cash reaches $119,458. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,016/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89030, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,412 (100%) |
| Owner Occupied HU | 6,146 (39.9%) |
| Renter Occupied HU | 8,622 (55.9%) |
| Vacant Housing Units | 644 ( 4.2%) |
| Median Home Value | $272,640 |
| Average Home Value | $339,522 |
Housing Distribution
Address Breakdown
Residential
15,325
Single Family
11,354
Multi-Family
3,971
Businesses
1,467
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Listed by: Nora E. Aguirre • Century 21 Americana
Mls Name: LVR
Mls ID: #2728397