7212 Nordic Lights DrLas VegasNV89119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7212 Nordic Lights Dr, Las Vegas, NV, 89119 uses $119,303 cash to close to unlock $3,061/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,334/mo, and a $1,761/mo payment keeps the spread at $255/mo. Purchase price stands at $359,888, and rental yield measures 7.78% with $2,334/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $99,430 over five years. Five-year ROI reaches 116.09% and total cumulative return in cash records $138,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,334/mo property income covering a $1,761/mo payment rather than investor’s personal income.
Single Family
Built in 1989
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
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Listed by: Hrag Khanjian • Key Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2701692
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