8949 Appellation AveLas VegasNV89148
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 8949 Appellation Ave, Las Vegas, NV, 89148 priced at $422,900 converts $2,168/mo rent into after a $2,070/mo obligation. Total monthly income equals $2,168/mo. Return on cash invested prints 16.35% in year one, and rental yield reads 6.15% against a $422,900 entry. Equity gained on principal adds $2,729/yr, while 5% annual appreciation compiles into $116,839 by year five. Five-year ROI reaches 83.68% and total cumulative return in cash sums $117,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $2,070/mo payment, not borrower’s personal income.
Single Family
Built in 2008
2,613 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89148, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,801 (100%) |
| Owner Occupied HU | 14,125 (49.0%) |
| Renter Occupied HU | 12,851 (44.6%) |
| Vacant Housing Units | 1,825 ( 6.3%) |
| Median Home Value | $481,772 |
| Average Home Value | $538,743 |
Housing Distribution
Address Breakdown
Residential
25,866
Single Family
19,281
Multi-Family
6,585
Businesses
924
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Nearby investment properties with comparable prices
Listed by: Alla Margaryan • Vegas Realty Experts
Mls Name: GLVAR
Mls Provider:
Mls ID: #2645222
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