350 E Desert Inn Rd #202Las VegasNV89109
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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 350 E Desert Inn Rd #202, Las Vegas, NV, 89109 generates $1,539/mo in rent and, after a $1,052/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,539/mo, and annual cash flow is $3,565/yr on $71,273 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.59% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash sums $92,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,539/mo property income rather than buyer’s personal income.
Condo
Built in 1960
6,912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
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