508 Indian Princess Dr UNIT 202Las VegasNV89145
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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 508 Indian Princess Dr UNIT 202, Las Vegas, NV, 89145 earns $442/mo cash flow from $1,739/mo rent with a $1,099/mo payment. Total monthly income totals $1,739/mo, and annual cash flow totals $5,300/yr on $74,422 capital. ROI tracks 27.03% on current figures, and rental yield reads 9.3% at a $224,500 purchase. Equity gained on principal adds $1,449/yr, and 5% annual appreciation supports $62,025 over five years. Five-year ROI reaches 140.52% and total cumulative return in cash sums $104,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,739/mo property income instead of your personal income.
Condo
Built in 1994
5,893 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Housing Distribution
Address Breakdown
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
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