1181 Mitchell PlPahrumpNV89060
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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 Pahrump at 1181 Mitchell Pl, Pahrump, NV, 89060 uses $107,738 cash to close to unlock $3,299/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $1,591/mo payment keeps the spread at $275/mo. Purchase price stands at $325,000, and rental yield measures 7.95% with $2,153/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 118.71% and total cumulative return in cash records $127,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89060, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,740 (100%) |
| Owner Occupied HU | 4,101 (71.4%) |
| Renter Occupied HU | 912 (15.9%) |
| Vacant Housing Units | 727 (12.7%) |
| Median Home Value | $271,998 |
| Average Home Value | $303,717 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,499
Multi-Family
17
Businesses
173
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