3406 Fort Smith DrLas VegasNV89122
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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 3406 Fort Smith Dr, Las Vegas, NV, 89122 listed at $231,990 pairs $2,034/mo rent with a $1,135/mo payment to leave $615/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $7,381/yr on $76,905 cash to close. Return on cash invested measures 29.51% in year one, and rental yield registers 10.52% at a $231,990 basis. Equity gained on principal adds $1,497/yr, and annual property appreciation at 5% supports $64,095 by year five. Five-year ROI tracks 154.27% and total cumulative return in cash totals $118,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $1,135/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1981
4,791 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89122, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,558 (100%) |
| Owner Occupied HU | 12,966 (52.8%) |
| Renter Occupied HU | 10,184 (41.5%) |
| Vacant Housing Units | 1,408 ( 5.7%) |
| Median Home Value | $332,603 |
| Average Home Value | $391,723 |
Housing Distribution
Address Breakdown
Residential
20,320
Single Family
15,780
Multi-Family
4,540
Businesses
312
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Listed by: David J. Toro-Segarra • SMG Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2603062
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