8501 W University Ave UNIT 1130Las VegasNV89147
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 8501 W University Ave UNIT 1130, Las Vegas, NV, 89147 uses $94,478 cash to close to unlock $2,079/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $1,820/mo, and a $1,395/mo payment keeps the spread at $173/mo. Purchase price stands at $285,000, and rental yield measures 7.66% with $1,820/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 114.14% and total cumulative return in cash records $107,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,820/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1998
2,260 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices