9537 Michelle Falls AveLas VegasNV89149
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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 9537 Michelle Falls Ave, Las Vegas, NV, 89149 generates $2,109/mo in rent, after a $2,080/mo payment. Total monthly income is $2,109/mo. Return on cash invested sits at 16.35% in year one, and rental yield is 5.95% on a $424,995 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,418 over five years. Five-year ROI reaches 83.41% and total cumulative return in cash sums $117,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,109/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
3,049 sqft lot
$N/A/sqft
$72 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89149, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,446 (100%) |
| Owner Occupied HU | 11,878 (64.4%) |
| Renter Occupied HU | 5,353 (29.0%) |
| Vacant Housing Units | 1,215 ( 6.6%) |
| Median Home Value | $553,539 |
| Average Home Value | $614,481 |
Housing Distribution
Address Breakdown
Residential
17,056
Single Family
14,936
Multi-Family
2,120
Businesses
376
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Listed by: Derrick B. Keller • Keller N Jadd
Mls Name: GLVAR
Mls Provider:
Mls ID: #2683869
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