1881 W Alexander Rd UNIT 2093North 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 2093, North Las Vegas, NV, 89032 generates $1,674/mo in rent and, after a $1,018/mo payment, leaves $472/mo in cash flow. Total monthly income is $1,674/mo, and annual cash flow is $5,667/yr on $68,952 invested. Return on cash invested sits at 28.13% in year one, and rental yield is 9.66% on a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 146.43% and total cumulative return in cash sums $100,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A 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: Jade D. Buckman • Exit Realty The Right Choice
Mls Name: GLVAR
Mls ID: #2694106