1420 Red Crest Ln UNIT 202Las 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
Rental property for sale in Las Vegas at 1420 Red Crest Ln UNIT 202, Las Vegas, NV, 89144 generates $1,810/mo in rent, after a $1,313/mo payment. Total monthly income is $1,810/mo. Return on cash invested sits at 19.84% in year one, and rental yield is 8.1% on a $268,300 entry. Equity gained on principal adds $1,731/yr, while 5% annual appreciation builds toward $74,126 over five years. Five-year ROI reaches 103.22% and total cumulative return in cash sums $91,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,810/mo property income rather than buyer’s personal income.
Condo
Built in 2001
4,324 sqft lot
$N/A/sqft
$265 monthly 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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Listed by: Marisa Kagan • eXp Realty
Mls Name: LVR
Mls Provider:
Mls ID: #2679122
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)