7513 Council AveLas VegasNV89128
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
Rental property for sale in Las Vegas at 7513 Council Ave, Las Vegas, NV, 89128 offers $3,156/mo rent that, after a $2,178/mo payment, leaves $585/mo cash flow. Total monthly income is $3,156/mo, and annual cash flow is $7,019/yr on $147,518 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 8.51% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 127.81% and total cumulative return in cash reaches $188,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,156/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89128, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,187 (100%) |
| Owner Occupied HU | 8,552 (49.8%) |
| Renter Occupied HU | 7,765 (45.2%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $425,266 |
| Average Home Value | $473,431 |
Housing Distribution
Address Breakdown
Residential
16,539
Single Family
10,723
Multi-Family
5,816
Businesses
843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lany Orlanda • Real Broker LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2622161
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 2024 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_25)