816 Alhambra DrLas VegasNV89104
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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
Rental property for sale in Las Vegas at 816 Alhambra Dr, Las Vegas, NV, 89104 priced at $549,600 pairs $3,722/mo rent with $547/mo cash flow after a $2,690/mo payment. Total monthly income equals $3,722/mo, and annual cash flow comes to $6,558/yr on $180,818 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 8.13% on a $549,600 basis. Equity gained on principal adds $3,546/yr, and 5% annual appreciation accumulates to $151,844 by year five. Five-year ROI measures 122.53% and total cumulative return in cash reaches $221,560. For financing, Ziffy Mortgage’s DSCR program evaluates $3,722/mo property income against a $2,690/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
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Listed by: Christopher Dunson • Keller Williams Realty Las Veg
Mls Name: GLVAR
Mls Provider:
Mls ID: #2563126
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2024 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_25)