5710 E Tropicana Ave UNIT 1093Las VegasNV89122
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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 5710 E Tropicana Ave UNIT 1093, Las Vegas, NV, 89122 uses $64,643 cash to close to unlock $2,769/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $954/mo payment keeps the spread at $231/mo. Purchase price stands at $195,000, and rental yield measures 8.35% with $1,357/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $80,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 2000
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89122, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,558 (100%) |
| Owner Occupied HU | 12,966 (52.8%) |
| Renter Occupied HU | 10,184 (41.5%) |
| Vacant Housing Units | 1,408 ( 5.7%) |
| Median Home Value | $332,603 |
| Average Home Value | $391,723 |
Housing Distribution
Address Breakdown
Residential
20,320
Single Family
15,780
Multi-Family
4,540
Businesses
312
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