275 N Lamb Blvd UNIT ELas VegasNV89110
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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 275 N Lamb Blvd UNIT E, Las Vegas, NV, 89110 uses $94,146 cash to close to unlock $2,654/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $2,057/mo, and a $1,390/mo payment keeps the spread at $221/mo. Purchase price stands at $284,000, and rental yield measures 8.69% with $2,057/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 118.37% and total cumulative return in cash records $111,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,390/mo payment rather than investor’s personal income.
Townhouse
Built in 1994
1,306 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89110, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,572 (100%) |
| Owner Occupied HU | 13,373 (56.7%) |
| Renter Occupied HU | 9,449 (40.1%) |
| Vacant Housing Units | 750 ( 3.2%) |
| Median Home Value | $341,585 |
| Average Home Value | $386,143 |
Housing Distribution
Address Breakdown
Residential
22,586
Single Family
19,113
Multi-Family
3,473
Businesses
560
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Listed by: John C. Gianniosis • LPT Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2657078
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