2221 W Bonanza Rd UNIT 77Las VegasNV89106
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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 2221 W Bonanza Rd UNIT 77, Las Vegas, NV, 89106 listed at $119,800 pairs $1,103/mo rent with a $586/mo payment to leave $266/mo cash flow. Total monthly income runs $1,103/mo, and annual cash flow reaches $3,194/yr on $39,714 cash to close. Return on cash invested measures 27.95% in year one, and rental yield registers 11.05% at a $119,800 basis. Equity gained on principal adds $773/yr, and annual property appreciation at 5% supports $33,099 by year five. Five-year ROI tracks 147.16% and total cumulative return in cash totals $58,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,103/mo property income relative to a $586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
5,837 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89106, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,387 (100%) |
| Owner Occupied HU | 3,625 (31.8%) |
| Renter Occupied HU | 7,178 (63.0%) |
| Vacant Housing Units | 584 ( 5.1%) |
| Median Home Value | $327,194 |
| Average Home Value | $369,597 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
6,431
Multi-Family
2,763
Businesses
832
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Nearby investment properties with comparable prices
Listed by: Justin M. Goodman • Evolve Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2580395
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