7885 W Flamingo Rd UNIT 1050Las 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 7885 W Flamingo Rd UNIT 1050, Las Vegas, NV, 89147 earns $191/mo cash flow from $1,636/mo rent with a $1,224/mo payment. Total monthly income totals $1,636/mo, and annual cash flow totals $2,294/yr on $82,872 capital. ROI tracks 22.68% on current figures, and rental yield reads 7.85% at a $249,990 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,068 over five years. Five-year ROI reaches 117.2% and total cumulative return in cash sums $97,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,636/mo property income instead of your personal income.
Condo
Built in 1997
10,105 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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