350 E Desert Inn Rd Unit C103WinchesterNV89109
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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 Winchester at 350 E Desert Inn Rd Unit C103, Winchester, NV, 89109 uses $54,664 cash to close to unlock $3,520/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $1,246/mo, and a $807/mo payment keeps the spread at $293/mo. Purchase price stands at $164,900, and rental yield measures 9.07% with $1,246/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash records $74,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,246/mo property income covering a $807/mo payment rather than investor’s personal income.
Condo
Built in 1960
7,017 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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Listed by: Brian J. Horner • Real Estate One LLC
Mls Name: LVR
Mls ID: #2752732