1455 E Katie Ave UNIT C11Las VegasNV89119
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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 1455 E Katie Ave UNIT C11, Las Vegas, NV, 89119 earns $545/mo cash flow from $1,406/mo rent with a $729/mo payment. Total monthly income totals $1,406/mo, and annual cash flow totals $6,545/yr on $49,394 capital. ROI tracks 33.16% on current figures, and rental yield reads 11.32% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 173.4% and total cumulative return in cash sums $85,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,406/mo property income instead of your personal income.
Condo
Built in 1980
724 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
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