510 Elm Dr UNIT 205Las VegasNV89169
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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 Elm Dr UNIT 205, Las Vegas, NV, 89169 generates $1,406/mo in rent and, after a $732/mo payment, leaves $308/mo in cash flow. Total monthly income is $1,406/mo, and annual cash flow is $3,694/yr on $49,588 invested. Return on cash invested sits at 27.36% in year one, and rental yield is 11.28% on a $149,588 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,328 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash sums $71,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,406/mo property income rather than buyer’s personal income.
Condo
Built in 1985
3,145 sqft lot
$N/A/sqft
$234 monthly HOA
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Nearby investment properties with comparable prices
Listed by: John W. Bostedt • Western Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2649800
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