1400 Santa Margarita StLas VegasNV89146
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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 Las Vegas at 1400 Santa Margarita St, Las Vegas, NV, 89146 with 5% annual appreciation on a $274,500 basis while $1,655/mo rent supports operations. 73% in year one. Equity gained on principal adds $1,771/yr, and five-year appreciation sums $75,839 alongside rental yield of 7.23%. Five-year ROI measures 91.74% and total cumulative return in cash totals $83,482. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,655/mo property income versus a $1,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
1,406 sqft lot
$N/A/sqft
$234 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89146, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,013 (100%) |
| Owner Occupied HU | 3,456 (43.1%) |
| Renter Occupied HU | 4,022 (50.2%) |
| Vacant Housing Units | 535 ( 6.7%) |
| Median Home Value | $457,016 |
| Average Home Value | $501,466 |
Housing Distribution
Address Breakdown
Residential
7,564
Single Family
4,217
Multi-Family
3,347
Businesses
1,575
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