1836 N Decatur Blvd UNIT 203Las VegasNV89108
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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 1836 N Decatur Blvd UNIT 203, Las Vegas, NV, 89108 offers a 9.68% rental yield on a $182,000 purchase with $1,468/mo rent. Total monthly income registers $1,468/mo, and a $891/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,539/yr on $60,333 to close, and return on cash invested stands at 22.46% in year one. Equity gained on principal adds $1,174/yr while 5% annual appreciation supports $50,283 over five years. Portfolio math shows five-year ROI at 118.14% and total cumulative return in cash at $71,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,468/mo property income against a $891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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Listed by: Michael Panos • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2696106
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