1410 Red Crest Ln UNIT 203Las VegasNV89144
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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 1410 Red Crest Ln UNIT 203, Las Vegas, NV, 89144 offers a 7.53% rental yield on a $325,900 purchase with $2,046/mo rent. Total monthly income registers $2,046/mo, and a $1,595/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,957/yr on $108,036 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $2,103/yr while 5% annual appreciation supports $90,040 over five years. Portfolio math shows five-year ROI at 112.06% and total cumulative return in cash at $121,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,046/mo property income against a $1,595/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89144, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,162 (100%) |
| Owner Occupied HU | 5,221 (64.0%) |
| Renter Occupied HU | 2,382 (29.2%) |
| Vacant Housing Units | 559 ( 6.8%) |
| Median Home Value | $591,201 |
| Average Home Value | $705,273 |
Housing Distribution
Address Breakdown
Residential
8,236
Single Family
6,264
Multi-Family
1,972
Businesses
179
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