6233 Elton Avenue, Las Vegas, NV 89107, Las Vegas, 89107 - 4 bed, 3 bath
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Las Vegas, NV 89107
This Turnkey Income-Generating Asset represents a High-Potential Investment Opportunity listed at $510,000. While positioned above the $461,455 Fair Market Value, the property delivers a superior yield with over $4,200 in monthly rental income. The home boasts an Excellent Condition Rating after a comprehensive remodel, featuring a private pool and oversized lot without HOA constraints. Offering Subject-To financing with only $50,000 down, this high-cash-flow "cow" is the ideal acquisition for Buy-and-Hold Investors or Creative Finance Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6233 Elton Avenue Subject | $510,000* List Price | 4 | 3 | 1,922 | $240 | - |
A 6164 Cromwell Avenue Sold | $395,000 | 4 | 2 | 1,770 | $223 | 0.1 mi |
B 501 N Wallace Drive Sold | $430,000 | 4 | 3 | 1,789 | $240 | 0.5 mi |
C 6248 Dayton Avenue Sold | $380,000 | 3 | 2 | 1,770 | $215 | 0.1 mi |
D 6324 Fairwood Avenue Sold | $389,000 List Price | 4 | 3 | 1,922 | 0.2 mi | |
E 6404 Shawnee Place Sold | $429,900 List Price | 4 | 2 | 2,197 | 0.4 mi | |
F 6225 Arlington Avenue Sold | $365,000 | 3 | 3 | 1,922 | $190 | 0.3 mi |
G 705 N Torrey Pines Active | $470,000 List Price | 6 | 4 | 1,728 | $272 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive interior renovation within the last year, featuring a modern kitchen with stainless steel appliances and stone countertops, updated bathrooms with contemporary tiling and vanities, and new luxury vinyl plank flooring throughout. Despite the 1963 build date, all interior components meet current quality standards with no visible deferred maintenance, qualifying it for the excellent category based on the recent extensive remodel.
The property generates over $4,200 in monthly rental income, offering a high yield and immediate ROI for investors in the Las Vegas market.
The availability of 'Subject-To' financing with a $50,000 down payment and no qualifying requirements provides a rare, low-barrier entry for buyers.
A comprehensive interior remodel completed within the last year ensures modern aesthetics and minimizes immediate maintenance or capital expenditure needs.
Originally built in 1963, the property may possess older underlying plumbing, electrical, or structural components common to homes of this era.
The list price of $510,000 is on the higher end for the 89107 area, which may impact the appraisal or long-term appreciation potential compared to newer builds.
$50,000 DOWN AND WILL DO A SUB TO! CALLING ALL INVESTORS! SUPER OPPORTUNITY TO OWN A CASH PRODUCING "COW" RENTS OVER $4200 PER MONTH, FULLY RENTED SPACES-4 BEDROOM PLUS, DOWNSTAIRS FAMILY ROOM-COULD BE MORE BEDROOMS! 3 BATHS! POOL AND OVERSIZED LOT-FULLY REMODELED IN THE LAST YEAR WITH ALL NEW INTERRIOR AND MORE! PLEASE CALL LISTING AGENT TO SCHEDULE YOUR PREVIEW TODAY!THIS IS A MUST SEE! NO HOA! NO QUALIFYING-SUBTO PURCHASE WITH LESS THAN 15% DOWN! HRRY BEFORE THIS ONE IS GONE! PRICE REDUCED $25,000!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,922 | 1,656.5 | 72% |
| Lot Size | 7,405 | 6,534 | 68% |
| Price | $510.0K | $359.9K | 93% |
| Price per sq ft | $265 | $224 | 71% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 284 | 287 | 49% |
Jul 12, 2025
$510,000
Initial Listing