4300 N Lamont St APT 261Las VegasNV89115
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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 Las Vegas at 4300 N Lamont St APT 261, Las Vegas, NV, 89115 uses $49,725 cash to close to unlock $5,514/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,326/mo, and a $734/mo payment keeps the spread at $460/mo. Purchase price stands at $150,000, and rental yield measures 10.61% with $1,326/mo rent. Return on cash invested shows 31% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 161.8% and total cumulative return in cash records $80,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,326/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1983
864 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
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