1881 W Alexander Rd UNIT 1079North 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
Rental property for sale in North Las Vegas at 1881 W Alexander Rd UNIT 1079, North Las Vegas, NV, 89032 generates $1,606/mo in rent and, after a $1,273/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,606/mo, and annual cash flow is $1,240/yr on $86,190 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 7.41% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 110.05% and total cumulative return in cash sums $94,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,606/mo property income rather than buyer’s personal income.
Condo
Built in 2000
6,364 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: Laura D'Haene • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2740067