145 E Harmon Ave #511Las VegasNV89109
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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 145 E Harmon Ave #511, Las Vegas, NV, 89109 offers a 11.28% rental yield on a $299,888 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,468/mo payment leaves $1,087/mo available for distribution. Annual cash flow reaches $13,045/yr on $99,413 to close, and return on cash invested stands at 33.03% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,854 over five years. Portfolio math shows five-year ROI at 172.72% and total cumulative return in cash at $171,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
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