2995 E Sunset Rd UNIT 235Las VegasNV89120
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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 2995 E Sunset Rd UNIT 235, Las Vegas, NV, 89120 offers a 8.25% rental yield on a $281,000 purchase with $1,931/mo rent. Total monthly income registers $1,931/mo, and a $1,375/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,693/yr on $93,152 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,813/yr while 5% annual appreciation supports $77,635 over five years. Portfolio math shows five-year ROI at 123.58% and total cumulative return in cash at $115,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,931/mo property income against a $1,375/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
1,118 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89120, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,366 (100%) |
| Owner Occupied HU | 5,812 (56.1%) |
| Renter Occupied HU | 4,052 (39.1%) |
| Vacant Housing Units | 502 ( 4.8%) |
| Median Home Value | $442,122 |
| Average Home Value | $518,913 |
Housing Distribution
Address Breakdown
Residential
9,723
Single Family
6,496
Multi-Family
3,227
Businesses
2,035
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