781 Bourbon St APT 2PahrumpNV89048
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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 Pahrump at 781 Bourbon St APT 2, Pahrump, NV, 89048 offers a 11.82% rental yield on a $150,000 purchase with $1,477/mo rent. Total monthly income registers $1,477/mo, and a $734/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,510/yr on $49,725 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 143% and total cumulative return in cash at $71,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,477/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
827.64 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89048, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,653 (100%) |
| Owner Occupied HU | 8,562 (67.7%) |
| Renter Occupied HU | 2,943 (23.3%) |
| Vacant Housing Units | 1,148 ( 9.1%) |
| Median Home Value | $320,864 |
| Average Home Value | $346,375 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,082
Multi-Family
94
Businesses
554
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Nearby investment properties with comparable prices
Listed by: Ricardo Ruiz • GK Properties
Mls Name: GLVAR
Mls Provider:
Mls ID: #2616233
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