10550 W Alexander Rd UNIT 2017Las VegasNV89129
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
Investment property for sale in Las Vegas at 10550 W Alexander Rd UNIT 2017, Las Vegas, NV, 89129 earns $280/mo cash flow from $1,756/mo rent with a $1,101/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $3,363/yr on $74,588 capital. ROI tracks 24.42% on current figures, and rental yield reads 9.37% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 127.55% and total cumulative return in cash sums $95,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Condo
Built in 2003
0.27 Acres lot
$N/A/sqft
$176 monthly 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: Jaimee Oliver • Real Simple Real Estate
Mls Name: GLVAR
Mls Provider:
Mls ID: #2669960
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