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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $894/mo, and a $563/mo payment. Purchase price stands at $115,000, and rental yield measures 9.33% with $894/mo rent. Return on cash invested shows 17.89% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 94.83% and total cumulative return in cash records $36,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $894/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1990
6,908 sqft lot
$N/A/sqft
$284 monthly HOA
Neighborhood data shown for ZIP Code: 89029, Laughlin, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 2,373 (41.8%) |
| Renter Occupied HU | 2,254 (39.7%) |
| Vacant Housing Units | 1,048 (18.5%) |
| Median Home Value | $342,023 |
| Average Home Value | $363,050 |
Residential
5,145
Single Family
3,135
Multi-Family
2,010
Businesses
122
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $115,000 |
| 2021-09-27 | Sold | $85,000 |
| 2019-02-07 | Sold | $59,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-10 | $760.50 | 34.84% | $26,616 | 12.61% |
| 2023-05-10 | $564.01 | -14.82% | $23,636 | 9.78% |
| 2022-05-10 | $662.15 | 31.03% | $21,531 | 7.08% |
Listed by: Kent J. Divich • Renaissance Realty Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2681412
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)
