7200 Pirates Cove Rd UNIT 2092Las VegasNV89145
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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 7200 Pirates Cove Rd UNIT 2092, Las Vegas, NV, 89145 offers a 9.49% rental yield on a $140,000 purchase with $1,107/mo rent. Total monthly income registers $1,107/mo, and a $685/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,580/yr on $46,410 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 143.73% and total cumulative return in cash at $66,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,107/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
727.45 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Housing Distribution
Address Breakdown
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
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