1517 Frank Aved St UNIT 202Las 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 1517 Frank Aved St UNIT 202, Las Vegas, NV, 89110 listed at $189,500 pairs $1,328/mo rent with a $928/mo payment to leave $233/mo cash flow. Total monthly income runs $1,328/mo, and annual cash flow reaches $2,791/yr on $62,819 cash to close. Return on cash invested measures 24.35% in year one, and rental yield registers 8.41% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 126.15% and total cumulative return in cash totals $79,247. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,328/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
2,243 sqft lot
$N/A/sqft
No 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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