2008 El Mirador StLas VegasNV89102
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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 2008 El Mirador St, Las Vegas, NV, 89102 offers a 7.9% rental yield on a $405,000 purchase with $2,665/mo rent. Total monthly income registers $2,665/mo, and a $1,982/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,903/yr on $134,258 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $158,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,665/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89102, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,885 (100%) |
| Owner Occupied HU | 4,316 (27.2%) |
| Renter Occupied HU | 10,414 (65.6%) |
| Vacant Housing Units | 1,155 ( 7.3%) |
| Median Home Value | $422,592 |
| Average Home Value | $573,586 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
5,941
Multi-Family
9,641
Businesses
2,805
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