1881 W Alexander Rd Unit 2076North 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 2076, North Las Vegas, NV, 89032 generates $1,360/mo in rent and, after a $881/mo payment, leaves $320/mo in cash flow. Total monthly income is $1,360/mo, and annual cash flow is $3,840/yr on $59,670 invested. Return on cash invested sits at 26.34% in year one, and rental yield is 9.07% on a $179,999 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,730 over five years. Five-year ROI reaches 136.82% and total cumulative return in cash sums $81,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,360/mo property income rather than buyer’s personal income.
Condo
Built in 1997
5,401 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: Peter A. Moore-Picciano • Premier Realty & Company Inc.
Mls Name: LVR
Mls ID: #2750286