2471 Old Forge Ln APT 103WinchesterNV89121
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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 Winchester at 2471 Old Forge Ln APT 103, Winchester, NV, 89121 listed at $160,000 pairs $1,235/mo rent with a $783/mo payment to leave $41/mo cash flow. Total monthly income runs $1,235/mo, and annual cash flow reaches $488/yr on $53,040 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 9.26% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 109.46% and total cumulative return in cash totals $58,058. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,235/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
871.20 sqft lot
$N/A/sqft
$270 monthly 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
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Listed by: Israel Sanchez-Bahena • Keller Williams MarketPlace
Mls Name: GLVAR
Mls Provider:
Mls ID: #2676832
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