1624 Palm St UNIT 154Las 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 1624 Palm St UNIT 154, Las Vegas, NV, 89104 offers a 9.01% rental yield on a $107,900 purchase with $810/mo rent. Total monthly income registers $810/mo, and a $528/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,240/yr on $35,769 to close, and return on cash invested stands at 26.17% in year one. Equity gained on principal adds $696/yr while 5% annual appreciation supports $29,811 over five years. Portfolio math shows five-year ROI at 135.91% and total cumulative return in cash at $48,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $528/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
N/A 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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