3145 E Flamingo Rd APT 1025Paradise TownNV89121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Paradise Town at 3145 E Flamingo Rd APT 1025, Paradise Town, NV, 89121 earns $328/mo cash flow from $1,831/mo rent with a $1,273/mo payment. Total monthly income totals $1,831/mo, and annual cash flow totals $3,940/yr on $86,190 capital. ROI tracks 24.48% on current figures, and rental yield reads 8.45% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 126.84% and total cumulative return in cash sums $109,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,831/mo property income instead of your personal income.
Condo
Built in 1990
1,061 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roberto Valadez • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2728861