506 Wardelle St UNIT CLas VegasNV89101
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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 506 Wardelle St UNIT C, Las Vegas, NV, 89101 at $180,000 posts ROI 32.34% with $618/mo cash flow from $1,658/mo rent. Total monthly income equals $1,658/mo, and annual cash flow records $7,416/yr on $59,670 to close. Return on cash invested measures 32.34% and rental yield reads 11.05% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 168.94% and total cumulative return in cash totals $100,805.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,658/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1982
1,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
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