8604 Canyon Ranch StLas VegasNV89131
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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
Investment property for sale in Las Vegas at 8604 Canyon Ranch St, Las Vegas, NV, 89131 uses $197,400 cash to close to unlock $6,540/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $4,012/mo, and a $2,937/mo payment keeps the spread at $545/mo. Purchase price stands at $599,999, and rental yield measures 8.02% with $4,012/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash records $238,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,012/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89131, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,673 (100%) |
| Owner Occupied HU | 14,013 (79.3%) |
| Renter Occupied HU | 3,254 (18.4%) |
| Vacant Housing Units | 406 ( 2.3%) |
| Median Home Value | $527,392 |
| Average Home Value | $570,311 |
Housing Distribution
Address Breakdown
Residential
18,216
Single Family
17,699
Multi-Family
517
Businesses
291
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