8533 Last Point AveLas VegasNV89129
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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 Las Vegas at 8533 Last Point Ave, Las Vegas, NV, 89129 priced at $468,800 converts $2,564/mo rent into after a $2,295/mo obligation. Total monthly income equals $2,564/mo. Return on cash invested prints 18.79% in year one, and rental yield reads 6.56% against a $468,800 entry. Equity gained on principal adds $3,025/yr, while 5% annual appreciation compiles into $129,521 by year five. Five-year ROI reaches 96.29% and total cumulative return in cash sums $149,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $2,295/mo payment, not borrower’s personal income.
Single Family
Built in 1999
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89129, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,474 (100%) |
| Owner Occupied HU | 13,904 (64.7%) |
| Renter Occupied HU | 6,850 (31.9%) |
| Vacant Housing Units | 720 ( 3.4%) |
| Median Home Value | $472,146 |
| Average Home Value | $538,871 |
Housing Distribution
Address Breakdown
Residential
21,206
Single Family
17,597
Multi-Family
3,609
Businesses
445
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Nearby investment properties with comparable prices
Listed by: Michael J. Ray • RE/MAX Legacy
Mls Name: GLVAR
Mls Provider:
Mls ID: #2656416
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