2637 Red Rock St UNIT 202Las VegasNV89146
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 2637 Red Rock St UNIT 202, Las Vegas, NV, 89146 listed at $265,000 pairs $1,632/mo rent with a $1,297/mo payment. Total monthly income runs $1,632/mo. Return on cash invested measures 16.34% in year one, and rental yield registers 7.39% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 84.96% and total cumulative return in cash totals $74,631. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
2,975 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89146, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,013 (100%) |
| Owner Occupied HU | 3,456 (43.1%) |
| Renter Occupied HU | 4,022 (50.2%) |
| Vacant Housing Units | 535 ( 6.7%) |
| Median Home Value | $457,016 |
| Average Home Value | $501,466 |
Housing Distribution
Address Breakdown
Residential
7,564
Single Family
4,217
Multi-Family
3,347
Businesses
1,575
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Listed by: Diena Liu • Century 21 1st Priority Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2675769
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