7570 W Flamingo Rd UNIT 142Las VegasNV89147
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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 7570 W Flamingo Rd UNIT 142, Las Vegas, NV, 89147 listed at $269,999 pairs $1,756/mo rent with a $1,322/mo payment to leave $196/mo cash flow. Total monthly income runs $1,756/mo, and annual cash flow reaches $2,346/yr on $89,505 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 7.8% at a $269,999 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 116.37% and total cumulative return in cash totals $104,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,756/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89147, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 11,731 (50.1%) |
| Renter Occupied HU | 10,564 (45.1%) |
| Vacant Housing Units | 1,126 ( 4.8%) |
| Median Home Value | $438,068 |
| Average Home Value | $470,705 |
Housing Distribution
Address Breakdown
Residential
22,702
Single Family
15,111
Multi-Family
7,591
Businesses
987
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