50 E Serene Ave UNIT 320Las VegasNV89123
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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 50 E Serene Ave UNIT 320, Las Vegas, NV, 89123 earns $144/mo cash flow from $1,877/mo rent with a $1,468/mo payment. Total monthly income totals $1,877/mo, and annual cash flow totals $1,728/yr on $99,450 capital. ROI tracks 21.65% on current figures, and rental yield reads 7.51% at a $299,999 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 111.61% and total cumulative return in cash sums $111,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,877/mo property income instead of your personal income.
Condo
Built in 2006
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89123, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,907 (100%) |
| Owner Occupied HU | 13,877 (51.6%) |
| Renter Occupied HU | 11,003 (40.9%) |
| Vacant Housing Units | 2,027 ( 7.5%) |
| Median Home Value | $461,252 |
| Average Home Value | $499,011 |
Housing Distribution
Address Breakdown
Residential
23,540
Single Family
16,483
Multi-Family
7,057
Businesses
1,163
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