230 Mission Newport Ln APT 104Las 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
Investment property for sale in Las Vegas at 230 Mission Newport Ln APT 104, Las Vegas, NV, 89107 earns $385/mo cash flow from $1,246/mo rent with a $729/mo payment. Total monthly income totals $1,246/mo, and annual cash flow totals $4,625/yr on $49,394 capital. ROI tracks 29.27% on current figures, and rental yield reads 10.03% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 152.58% and total cumulative return in cash sums $75,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,246/mo property income instead of your personal income.
Condo
Built in 1989
7,143 sqft lot
$N/A/sqft
No 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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