4180 Flamingo Crest Dr UNIT 4Paradise TownNV89121
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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 Paradise Town at 4180 Flamingo Crest Dr UNIT 4, Paradise Town, NV, 89121 generates $2,153/mo in rent and, after a $1,566/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $3,653/yr on $106,047 invested. Return on cash invested sits at 23.35% in year one, and rental yield is 8.08% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 120.79% and total cumulative return in cash sums $128,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
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Listed by: Aaron Powers • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2745803