2777 Paradise Rd UNIT 1002Las VegasNV89109
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 2777 Paradise Rd UNIT 1002, Las Vegas, NV, 89109 uses $180,950 cash to close to unlock $10,190/yr annual cash flow and $849/mo monthly cash flow. Total monthly income runs $4,027/mo, and a $2,692/mo payment keeps the spread at $849/mo. Purchase price stands at $550,000, and rental yield measures 8.79% with $4,027/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 133.3% and total cumulative return in cash records $241,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,027/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices