220 E Flamingo Rd UNIT 104Las VegasNV89169
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play220 E Flamingo Rd UNIT 104, Las Vegas, NV, 89169 in Las Vegas is priced for appreciation, not yield. Rental yield 0%. At $339,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $93,659 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.52) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $115,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.2% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,313 |
| Total Monthly Debt Service | $2,409 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1992
10,323 sqft lot
$N/A/sqft
$585 monthly HOA
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 1992
10,323 sqft lot
$N/A/sqft
$585 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael E. Schurer • IMS Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2677741
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