511 E Simkins RdPahrumpNV89060
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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 Pahrump at 511 E Simkins Rd, Pahrump, NV, 89060 listed at $219,900 pairs $1,545/mo rent with a $1,076/mo payment to leave $275/mo cash flow. Total monthly income runs $1,545/mo, and annual cash flow reaches $3,297/yr on $72,897 cash to close. Return on cash invested measures 24.43% in year one, and rental yield registers 8.43% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 126.56% and total cumulative return in cash totals $92,260. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,545/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89060, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,740 (100%) |
| Owner Occupied HU | 4,101 (71.4%) |
| Renter Occupied HU | 912 (15.9%) |
| Vacant Housing Units | 727 (12.7%) |
| Median Home Value | $271,998 |
| Average Home Value | $303,717 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,499
Multi-Family
17
Businesses
173
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Nearby investment properties with comparable prices
Listed by: Angela Atherley • Real Broker LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2632774
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