1515 S 11th StLas VegasNV89104
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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 1515 S 11th St, Las Vegas, NV, 89104 offers a 8.3% rental yield on a $318,888 purchase with $2,206/mo rent. Total monthly income registers $2,206/mo, and a $1,561/mo payment leaves $363/mo available for distribution. Annual cash flow reaches $4,360/yr on $105,711 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,103 over five years. Portfolio math shows five-year ROI at 124.44% and total cumulative return in cash at $131,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
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