8420 Lake Tahoe View CtLas VegasNV89143
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 8420 Lake Tahoe View Ct, Las Vegas, NV, 89143 priced at $1,100,000 converts $6,940/mo rent into $267/mo cash flow after a $5,384/mo obligation. Total monthly income equals $6,940/mo, and annual cash flow totals $3,207/yr on $356,400 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 7.57% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 109.88% and total cumulative return in cash sums $391,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,940/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.50 Acres lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89143, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 4,101 (79.4%) |
| Renter Occupied HU | 947 (18.3%) |
| Vacant Housing Units | 114 ( 2.2%) |
| Median Home Value | $470,161 |
| Average Home Value | $519,564 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Hilary J. Chorak • ERA Brokers Consolidated
Mls Name: GLVAR
Mls Provider:
Mls ID: #2630260
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