6201 E Lake Mead Blvd UNIT 175Las VegasNV89156
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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 6201 E Lake Mead Blvd UNIT 175, Las Vegas, NV, 89156 earns $225/mo cash flow from $1,958/mo rent with a $1,468/mo payment. Total monthly income totals $1,958/mo, and annual cash flow totals $2,700/yr on $99,450 capital. ROI tracks 22.62% on current figures, and rental yield reads 7.83% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 116.85% and total cumulative return in cash sums $116,208. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,958/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89156, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,590 (100%) |
| Owner Occupied HU | 6,421 (60.6%) |
| Renter Occupied HU | 3,803 (35.9%) |
| Vacant Housing Units | 366 ( 3.5%) |
| Median Home Value | $334,090 |
| Average Home Value | $374,950 |
Housing Distribution
Address Breakdown
Residential
9,667
Single Family
8,334
Multi-Family
1,333
Businesses
136
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