2777 Paradise Rd UNIT 2605Las VegasNV89109
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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 2777 Paradise Rd UNIT 2605, Las Vegas, NV, 89109 uses $222,075 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $3,985/mo, and a $3,304/mo payment keeps the spread at $85/mo. Purchase price stands at $675,000, and rental yield measures 7.08% with $3,985/mo rent. Return on cash invested shows 20.52% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash records $234,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,985/mo property income covering a $3,304/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
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