2877 Paradise Rd UNIT 901WinchesterNV89109
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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
Rental property for sale in Winchester at 2877 Paradise Rd UNIT 901, Winchester, NV, 89109 generates $3,775/mo in rent, after a $5,085/mo payment. Total monthly income is $3,775/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 4.36% on a $1,039,000 entry. Equity gained on principal adds $6,705/yr, while 5% annual appreciation builds toward $287,057 over five years. Five-year ROI reaches 62.08% and total cumulative return in cash sums $209,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,775/mo property income rather than buyer’s personal income.
Condo
Built in 2001
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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Listed by: Tamra J. Trainer • Platinum Real Estate Prof
Mls Name: LVR
Mls ID: #2724215