5155 W Tropicana Ave UNIT 2037Las VegasNV89103
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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 5155 W Tropicana Ave UNIT 2037, Las Vegas, NV, 89103 earns $297/mo cash flow from $1,898/mo rent with a $1,356/mo payment. Total monthly income totals $1,898/mo, and annual cash flow totals $3,568/yr on $91,826 capital. ROI tracks 23.79% on current figures, and rental yield reads 8.22% at a $277,000 purchase. Equity gained on principal adds $1,787/yr, and 5% annual appreciation supports $76,530 over five years. Five-year ROI reaches 123.16% and total cumulative return in cash sums $113,091. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,898/mo property income instead of your personal income.
Condo
Built in 1997
2,304 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89103, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,117 (100%) |
| Owner Occupied HU | 7,419 (32.1%) |
| Renter Occupied HU | 13,609 (58.9%) |
| Vacant Housing Units | 2,089 ( 9.0%) |
| Median Home Value | $337,810 |
| Average Home Value | $354,100 |
Housing Distribution
Address Breakdown
Residential
21,869
Single Family
10,964
Multi-Family
10,905
Businesses
2,066
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