752 Foreign Reef WayLas 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
Rental property for sale in Las Vegas at 752 Foreign Reef Way, Las Vegas, NV, 89138 priced at $715,000 pairs $3,673/mo rent with after a $3,500/mo payment. Total monthly income equals $3,673/mo. Return on cash invested is 16.77% in year one, and rental yield stands at 6.16% on a $715,000 basis. Equity gained on principal adds $4,614/yr, and 5% annual appreciation accumulates to $197,541 by year five. Five-year ROI measures 85.8% and total cumulative return in cash reaches $201,825. For financing, Ziffy Mortgage’s DSCR program evaluates $3,673/mo property income against a $3,500/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
5,227 sqft lot
$N/A/sqft
$110 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Reese • Las Vegas Realty Group
Mls Name: GLVAR
Mls Provider:
Mls ID: #2634583
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)