4381 W Flamingo Rd #2516Las VegasNV89103
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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 4381 W Flamingo Rd #2516, Las Vegas, NV, 89103 listed at $251,400 pairs $2,300/mo rent with a $1,230/mo payment to leave $188/mo cash flow. Total monthly income runs $2,300/mo, and annual cash flow reaches $2,251/yr on $83,339 cash to close. Return on cash invested measures 22.61% in year one, and rental yield registers 10.98% at a $251,400 basis. Equity gained on principal adds $1,622/yr, and annual property appreciation at 5% supports $69,457 by year five. Five-year ROI tracks 120.25% and total cumulative return in cash totals $100,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,300/mo property income relative to a $1,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$552 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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