3573 Arville St UNIT 601AParadise TownNV89103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Paradise Town at 3573 Arville St UNIT 601A, Paradise Town, NV, 89103 generates $1,644/mo in rent and, after a $1,066/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,644/mo, and annual cash flow is $1,627/yr on $72,201 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 9.06% on a $217,800 entry. Equity gained on principal adds $1,405/yr, while 5% annual appreciation builds toward $60,174 over five years. Five-year ROI reaches 115.93% and total cumulative return in cash sums $83,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1,640 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89103, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,117 (100%) |
| Owner Occupied HU | 7,419 (32.1%) |
| Renter Occupied HU | 13,609 (58.9%) |
| Vacant Housing Units | 2,089 ( 9.0%) |
| Median Home Value | $337,810 |
| Average Home Value | $354,100 |
Housing Distribution
Address Breakdown
Residential
21,869
Single Family
10,964
Multi-Family
10,905
Businesses
2,066
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Listed by: Nancy Li • Keller Williams MarketPlace
Mls Name: GLVAR
Mls Provider:
Mls ID: #2630748
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