2220 Pinetop Ln UNIT 203Las VegasNV89119
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
Investment Highlights
Rental property for sale in Las Vegas at 2220 Pinetop Ln UNIT 203, Las Vegas, NV, 89119 generates $1,498/mo in rent and, after a $942/mo payment, leaves $386/mo in cash flow. Total monthly income is $1,498/mo, and annual cash flow is $4,632/yr on $63,814 invested. Return on cash invested sits at 27.17% in year one, and rental yield is 9.34% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $90,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,498/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices