510 Caesar StLas VegasNM87701
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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
Rental property for sale in Las Vegas at 510 Caesar St, Las Vegas, NM, 87701 offers $2,184/mo rent that, after a $1,224/mo payment, leaves $716/mo cash flow. Total monthly income is $2,184/mo, and annual cash flow is $8,595/yr on $82,875 cash. Return on cash invested measures 30.28% in year one, and rental yield stands at 10.48% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 158.07% and total cumulative return in cash reaches $131,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,184/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87701, Las Vegas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,501 (100%) |
| Owner Occupied HU | 5,249 (55.2%) |
| Renter Occupied HU | 2,530 (26.6%) |
| Vacant Housing Units | 1,722 (18.1%) |
| Median Home Value | $177,666 |
| Average Home Value | $208,458 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,488
Multi-Family
19
Businesses
725
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Listed by: Jason Lloyd Jenkins • CENTURY 21 Camco Realty
Mls Name: SWMLS
Mls ID: #1090971