737 Oakmont Ave UNIT 1209Las VegasNV89109
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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 737 Oakmont Ave UNIT 1209, Las Vegas, NV, 89109 listed at $207,000 pairs $1,819/mo rent with a $1,013/mo payment to leave $623/mo cash flow. Total monthly income runs $1,819/mo, and annual cash flow reaches $7,478/yr on $68,621 cash to close. Return on cash invested measures 30.81% in year one, and rental yield registers 10.54% at a $207,000 basis. Equity gained on principal adds $1,336/yr, and annual property appreciation at 5% supports $57,190 by year five. Five-year ROI tracks 160.81% and total cumulative return in cash totals $110,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,819/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
6,294 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
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