7109 Red Gulch StNorth 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 7109 Red Gulch St, North Las Vegas, NV, 89084 earns from $2,434/mo rent with a $2,079/mo payment. Total monthly income totals $2,434/mo. ROI tracks 17.86% on current figures, and rental yield reads 6.88% at a $424,843 purchase. Equity gained on principal adds $2,741/yr, and 5% annual appreciation supports $117,376 over five years. Five-year ROI reaches 92% and total cumulative return in cash sums $129,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,434/mo property income instead of your personal income.
Single Family
Built in 2022
N/A 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: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #2691554