200 Hoover Ave UNIT 1003Las VegasNV89101
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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 Las Vegas at 200 Hoover Ave UNIT 1003, Las Vegas, NV, 89101 listed at $575,000 pairs $4,165/mo rent with a $2,814/mo payment to leave $843/mo cash flow. Total monthly income runs $4,165/mo, and annual cash flow reaches $10,117/yr on $189,175 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 8.69% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 131.78% and total cumulative return in cash totals $249,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,165/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
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