1881 W Alexander Rd UNIT 1039North Las VegasNV89032
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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 North Las Vegas at 1881 W Alexander Rd UNIT 1039, North Las Vegas, NV, 89032 listed at $239,900 pairs $1,591/mo rent with a $1,174/mo payment to leave $205/mo cash flow. Total monthly income runs $1,591/mo, and annual cash flow reaches $2,461/yr on $79,527 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 7.96% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 118.96% and total cumulative return in cash totals $94,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,591/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
5,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89032, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,993 (100%) |
| Owner Occupied HU | 10,276 (60.5%) |
| Renter Occupied HU | 6,247 (36.8%) |
| Vacant Housing Units | 470 ( 2.8%) |
| Median Home Value | $385,231 |
| Average Home Value | $442,415 |
Housing Distribution
Address Breakdown
Residential
15,939
Single Family
13,709
Multi-Family
2,230
Businesses
918
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Listed by: Bradley Jay Hendrix • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2747572