1980 Las Palmas Ln APT 258LaughlinNV89029
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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 Laughlin at 1980 Las Palmas Ln APT 258, Laughlin, NV, 89029 offers a 10.53% rental yield on a $180,000 purchase with $1,580/mo rent. Total monthly income registers $1,580/mo, and a $881/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,940/yr on $59,670 to close, and return on cash invested stands at 24.84% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 130.87% and total cumulative return in cash at $78,089. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,580/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
6,345 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89029, Laughlin, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 2,373 (41.8%) |
| Renter Occupied HU | 2,254 (39.7%) |
| Vacant Housing Units | 1,048 (18.5%) |
| Median Home Value | $342,023 |
| Average Home Value | $363,050 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
3,135
Multi-Family
2,010
Businesses
122
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Listed by: Kent J. Divich • Renaissance Realty Inc
Mls Name: LVR
Mls Provider:
Mls ID: #2508228
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