7990 Formitch Ct,Las Vegas,NV,89166

Investment Highlights

Investment property for sale in Las Vegas at 7990 Formitch Ct, Las Vegas, NV, 89166 offers a 7.72% rental yield on a $444,900 purchase with $2,861/mo rent. Total monthly income registers $2,861/mo, and a $2,178/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,480/yr on $147,484 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 114.94% and total cumulative return in cash at $169,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,861/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.