740 White Grotto StLas VegasNV89138
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 740 White Grotto St, Las Vegas, NV, 89138 uses $228,622 cash to close to unlock $1,478/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $4,198/mo, and a $3,401/mo payment keeps the spread at $123/mo. Purchase price stands at $694,900, and rental yield measures 7.25% with $4,198/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $191,988 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash records $243,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,198/mo property income covering a $3,401/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4,791 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
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Nearby investment properties with comparable prices
Listed by: Jim Hastings II • Hastings Brokerage Ltd
Mls Name: GLVAR
Mls Provider:
Mls ID: #2683302
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)