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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Las Vegas at 1624 Palm St UNIT 175, Las Vegas, NV, 89104 offers a 9.27% rental yield on a $115,900 purchase with $895/mo rent. Total monthly income registers $895/mo, and a $567/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,707/yr on $38,421 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $748/yr while 5% annual appreciation supports $32,021 over five years. Portfolio math shows five-year ROI at 140.12% and total cumulative return in cash at $53,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $895/mo property income against a $567/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
| 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 |
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tori Coil • Palm Grove
Mls Name: My State MLS
Mls ID: #11540370
