8425 Running Deer Ave UNIT 104Las VegasNV89145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8425 Running Deer Ave UNIT 104, Las Vegas, NV, 89145 uses $78,234 cash to close to unlock $5,670/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,155/mo payment keeps the spread at $473/mo. Purchase price stands at $236,000, and rental yield measures 9.34% with $1,836/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $65,202 over five years. Five-year ROI reaches 141.2% and total cumulative return in cash records $110,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Condo
Built in 1993
821 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Housing Distribution
Address Breakdown
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices