3585 Arville St UNIT 403AParadise TownNV89103
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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 Paradise Town at 3585 Arville St UNIT 403A, Paradise Town, NV, 89103 offers a 10.66% rental yield on a $199,999 purchase with $1,776/mo rent. Total monthly income registers $1,776/mo, and a $979/mo payment leaves $620/mo available for distribution. Annual cash flow reaches $7,444/yr on $66,300 to close, and return on cash invested stands at 31.14% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 162.55% and total cumulative return in cash at $107,768. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,776/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
3,075 sqft lot
$N/A/sqft
No 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: Miguel Lopez • GK Properties
Mls Name: LVR
Mls ID: #2688131