2461 Old Forge Ln APT 106Las VegasNV89121
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
Investment property for sale in Las Vegas at 2461 Old Forge Ln APT 106, Las Vegas, NV, 89121 earns $11/mo cash flow from $1,570/mo rent with a $1,321/mo payment. Total monthly income totals $1,570/mo, and annual cash flow totals $127/yr on $89,472 capital. ROI tracks 20.05% on current figures, and rental yield reads 6.98% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 103.09% and total cumulative return in cash sums $92,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,570/mo property income instead of your personal income.
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices