2000 N Fashion Show Dr UNIT 4723Paradise TownNV89109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2000 N Fashion Show Dr UNIT 4723, Paradise Town, NV, 89109 in Paradise Town hard to pass up. The 10.99% gross yield on a $308,000 purchase results in $2,820/mo in rent and $1,040/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.04). Annual cash flow of $12,485, five-year appreciation of $85,095, and $2,837/yr in equity build-up combine for a projected total cumulative return of $183,195.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $1,040 | $1,200 |
City averages based on Paradise Town market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,820 |
| Total Monthly Debt Service | $1,657 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kamelia Kohlmeier • Platinum Real Estate Prof
Mls Name: LVR
Mls ID: #2710811