7425 Grassquit 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
Rental property for sale in North Las Vegas at 7425 Grassquit St, North Las Vegas, NV, 89084 generates $2,579/mo in rent and, after a $2,017/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,579/mo, and annual cash flow is $2,377/yr on $136,578 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 7.51% on a $412,000 entry. Equity gained on principal adds $2,659/yr, while 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $152,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,579/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,227 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: Sherry Strothers • LPT Realty, LLC
Mls Name: LVR
Mls ID: #2739920