6223 E Sahara Ave SPACE 181Las VegasNV89142
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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 6223 E Sahara Ave SPACE 181, Las Vegas, NV, 89142 uses $46,410 cash to close to unlock $3,628/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,111/mo, and a $685/mo payment keeps the spread at $302/mo. Purchase price stands at $140,000, and rental yield measures 9.52% with $1,111/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 144.3% and total cumulative return in cash records $66,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,111/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89142, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,287 (100%) |
| Owner Occupied HU | 7,054 (62.5%) |
| Renter Occupied HU | 3,968 (35.2%) |
| Vacant Housing Units | 265 ( 2.3%) |
| Median Home Value | $373,244 |
| Average Home Value | $394,231 |
Housing Distribution
Address Breakdown
Residential
11,345
Single Family
9,206
Multi-Family
2,139
Businesses
104
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