1881 W Alexander Rd UNIT 2079North 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 2079, North Las Vegas, NV, 89032 earns $294/mo cash flow from $1,606/mo rent with a $1,111/mo payment. Total monthly income totals $1,606/mo, and annual cash flow totals $3,534/yr on $75,251 capital. ROI tracks 24.61% on current figures, and rental yield reads 8.49% at a $227,000 purchase. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 over five years. Five-year ROI reaches 127.51% and total cumulative return in cash sums $95,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,606/mo property income instead of your personal income.
Condo
Built in 2000
1,151 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: Ciara Rivera • Agent House
Mls Name: LVR
Mls ID: #2730556