6420 E Tropicana Ave UNIT 495Las 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 6420 E Tropicana Ave UNIT 495, Las Vegas, NV, 89122 offers a 9.01% rental yield on a $139,900 purchase with $1,050/mo rent. Total monthly income registers $1,050/mo, and a $685/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,897/yr on $46,377 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 135.88% and total cumulative return in cash at $63,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,050/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
N/A 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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