3057 Downing PlLas VegasNV89121
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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 3057 Downing Pl, Las Vegas, NV, 89121 listed at $569,900 pairs $4,254/mo rent with a $2,789/mo payment to leave $962/mo cash flow. Total monthly income runs $4,254/mo, and annual cash flow reaches $11,539/yr on $187,497 cash to close. Return on cash invested measures 26.21% in year one, and rental yield registers 8.96% at a $569,900 basis. Equity gained on principal adds $3,677/yr, and annual property appreciation at 5% supports $157,453 by year five. Five-year ROI tracks 136.08% and total cumulative return in cash totals $255,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,254/mo property income relative to a $2,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
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