261 E Harris Farm RdPahrumpNV89060
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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 Pahrump at 261 E Harris Farm Rd, Pahrump, NV, 89060 offers a 7.15% rental yield on a $415,000 purchase with $2,473/mo rent. Total monthly income registers $2,473/mo, and a $2,031/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $905/yr on $137,573 to close, and return on cash invested stands at 20.57% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 105.85% and total cumulative return in cash at $145,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,473/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89060, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,740 (100%) |
| Owner Occupied HU | 4,101 (71.4%) |
| Renter Occupied HU | 912 (15.9%) |
| Vacant Housing Units | 727 (12.7%) |
| Median Home Value | $271,998 |
| Average Home Value | $303,717 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,499
Multi-Family
17
Businesses
173
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