3111 Key Largo Dr UNIT 204Las 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
Rental property for sale in Las Vegas at 3111 Key Largo Dr UNIT 204, Las Vegas, NV, 89120 generates $1,637/mo in rent and, after a $1,062/mo payment, leaves $383/mo in cash flow. Total monthly income is $1,637/mo, and annual cash flow is $4,600/yr on $71,936 invested. Return on cash invested sits at 26.3% in year one, and rental yield is 9.05% on a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 136.63% and total cumulative return in cash sums $98,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,637/mo property income rather than buyer’s personal income.
Condo
Built in 1996
4,769 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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