1450 Jamielinn Ln UNIT 201Las 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
Investment property for sale in Las Vegas at 1450 Jamielinn Ln UNIT 201, Las Vegas, NV, 89110 offers a 10.16% rental yield on a $190,000 purchase with $1,608/mo rent. Total monthly income registers $1,608/mo, and a $930/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,062/yr on $62,985 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 130.2% and total cumulative return in cash at $82,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,608/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
4,416 sqft lot
$N/A/sqft
$255 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: Donna Schneider • ERA Brokers Consolidated
Mls Name: GLVAR
Mls Provider:
Mls ID: #2663167
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