3233 Southridge AveLas 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 3233 Southridge Ave, Las Vegas, NV, 89121 with 5% annual appreciation on a $438,400 basis while $2,962/mo rent supports operations. Total monthly income totals $2,962/mo and a $2,146/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,925/yr on $145,330 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $2,829/yr, and five-year appreciation sums $121,122 alongside rental yield of 8.11%. Five-year ROI measures 113.65% and total cumulative return in cash totals $165,168.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,962/mo property income versus a $2,146/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1977
3,484 sqft lot
$N/A/sqft
$185 monthly 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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