1421 Linnbaker Ln UNIT 203Las VegasNV89110
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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 1421 Linnbaker Ln UNIT 203, Las Vegas, NV, 89110 generates $1,480/mo in rent and, after a $1,003/mo payment, leaves $46/mo in cash flow. Total monthly income is $1,480/mo, and annual cash flow is $551/yr on $67,958 invested. Return on cash invested sits at 20.72% in year one, and rental yield is 8.66% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash sums $73,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,480/mo property income rather than buyer’s personal income.
Condo
Built in 1995
4,421 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89110, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,572 (100%) |
| Owner Occupied HU | 13,373 (56.7%) |
| Renter Occupied HU | 9,449 (40.1%) |
| Vacant Housing Units | 750 ( 3.2%) |
| Median Home Value | $341,585 |
| Average Home Value | $386,143 |
Housing Distribution
Address Breakdown
Residential
22,586
Single Family
19,113
Multi-Family
3,473
Businesses
560
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Listed by: Daniel Mumm • Huntington & Ellis, A Real Est
Mls Name: GLVAR
Mls Provider:
Mls ID: #2612835
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