208 Orland St APT 9Las VegasNV89107
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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
Rental property for sale in Las Vegas at 208 Orland St APT 9, Las Vegas, NV, 89107 offers $1,460/mo rent that, after a $631/mo payment, leaves $415/mo cash flow. Total monthly income is $1,460/mo, and annual cash flow is $4,981/yr on $42,764 cash. Return on cash invested measures 31.56% in year one, and rental yield stands at 13.58% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 167.92% and total cumulative return in cash reaches $71,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,460/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1963
3,794 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89107, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,025 (100%) |
| Owner Occupied HU | 7,215 (51.4%) |
| Renter Occupied HU | 6,216 (44.3%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $336,514 |
| Average Home Value | $388,591 |
Housing Distribution
Address Breakdown
Residential
13,275
Single Family
10,165
Multi-Family
3,110
Businesses
556
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Listed by: Lane Holmes • Properties Plus Referral Netwo
Mls Name: GLVAR
Mls Provider:
Mls ID: #2644650
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