83 E Agate Ave UNIT 308Las VegasNV89123
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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 83 E Agate Ave UNIT 308, Las Vegas, NV, 89123 listed at $288,888 pairs $1,909/mo rent with a $1,414/mo payment to leave $240/mo cash flow. Total monthly income runs $1,909/mo, and annual cash flow reaches $2,878/yr on $95,766 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 7.93% at a $288,888 basis. Equity gained on principal adds $1,864/yr, and annual property appreciation at 5% supports $79,814 by year five. Five-year ROI tracks 118.43% and total cumulative return in cash totals $113,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,909/mo property income relative to a $1,414/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89123, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,907 (100%) |
| Owner Occupied HU | 13,877 (51.6%) |
| Renter Occupied HU | 11,003 (40.9%) |
| Vacant Housing Units | 2,027 ( 7.5%) |
| Median Home Value | $461,252 |
| Average Home Value | $499,011 |
Housing Distribution
Address Breakdown
Residential
23,540
Single Family
16,483
Multi-Family
7,057
Businesses
1,163
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