5211 Progresso StLas VegasNV89135
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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 5211 Progresso St, Las Vegas, NV, 89135 offers a 7.19% rental yield on a $420,000 purchase with $2,515/mo rent. Total monthly income registers $2,515/mo, and a $2,056/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,056/yr on $139,230 to close, and return on cash invested stands at 20.67% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 106.35% and total cumulative return in cash at $148,075. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,515/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89135, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,059 (100%) |
| Owner Occupied HU | 10,723 (66.8%) |
| Renter Occupied HU | 4,084 (25.4%) |
| Vacant Housing Units | 1,252 ( 7.8%) |
| Median Home Value | $654,189 |
| Average Home Value | $848,332 |
Housing Distribution
Address Breakdown
Residential
15,296
Single Family
13,157
Multi-Family
2,139
Businesses
505
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