3120 S Eastern Ave UNIT 6Las VegasNV89169
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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 3120 S Eastern Ave UNIT 6, Las Vegas, NV, 89169 generates $1,504/mo in rent and, after a $827/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,504/mo, and annual cash flow is $3,010/yr on $55,986 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 10.69% on a $168,888 entry. Equity gained on principal adds $1,090/yr, while 5% annual appreciation builds toward $46,661 over five years. Five-year ROI reaches 133.31% and total cumulative return in cash sums $74,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.
Condo
Built in 1970
8,154 sqft lot
$N/A/sqft
$277 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Nathan Larrach • Platinum Real Estate Prof
Mls Name: GLVAR
Mls Provider:
Mls ID: #2677012
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