5125 W Reno Ave APT 1068Las VegasNV89118
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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 5125 W Reno Ave APT 1068, Las Vegas, NV, 89118 earns $287/mo cash flow from $1,903/mo rent with a $1,369/mo payment. Total monthly income totals $1,903/mo, and annual cash flow totals $3,442/yr on $92,754 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.16% at a $279,800 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,304 over five years. Five-year ROI reaches 122.21% and total cumulative return in cash sums $113,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,903/mo property income instead of your personal income.
Condo
Built in 1993
9,883 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89118, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,117 (100%) |
| Owner Occupied HU | 4,915 (37.5%) |
| Renter Occupied HU | 6,706 (51.1%) |
| Vacant Housing Units | 1,496 (11.4%) |
| Median Home Value | $465,489 |
| Average Home Value | $512,721 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
5,363
Multi-Family
4,219
Businesses
3,337
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