304 Orland St APT 38Las VegasNV89107
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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 304 Orland St APT 38, Las Vegas, NV, 89107 uses $42,764 cash to close to unlock $2,701/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $970/mo, and a $631/mo payment keeps the spread at $225/mo. Purchase price stands at $129,000, and rental yield measures 9.02% with $970/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 136.27% and total cumulative return in cash records $58,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $631/mo payment rather than investor’s personal income.
Condo
Built in 1963
3,036 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89107, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,025 (100%) |
| Owner Occupied HU | 7,215 (51.4%) |
| Renter Occupied HU | 6,216 (44.3%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $336,514 |
| Average Home Value | $388,591 |
Housing Distribution
Address Breakdown
Residential
13,275
Single Family
10,165
Multi-Family
3,110
Businesses
556
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