2030 Rancho Lake Dr UNIT 201Las VegasNV89108
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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 2030 Rancho Lake Dr UNIT 201, Las Vegas, NV, 89108 earns $99/mo cash flow from $1,231/mo rent with a $773/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $1,182/yr on $52,344 capital. ROI tracks 22.17% on current figures, and rental yield reads 9.36% at a $157,900 purchase. Equity gained on principal adds $1,019/yr, and 5% annual appreciation supports $43,625 over five years. Five-year ROI reaches 116.3% and total cumulative return in cash sums $60,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Housing Distribution
Address Breakdown
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
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Listed by: Paul Rich • THE Brokerage A RE Firm
Mls Name: LVR
Mls Provider:
Mls ID: #2699583
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)