8600 W Charleston Blvd APT 1198Las VegasNV89117
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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 8600 W Charleston Blvd APT 1198, Las Vegas, NV, 89117 offers a 8.19% rental yield on a $244,900 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $1,199/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,080/yr on $81,184 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 122.67% and total cumulative return in cash at $99,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
8,197 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89117, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,747 (100%) |
| Owner Occupied HU | 12,007 (48.5%) |
| Renter Occupied HU | 11,684 (47.2%) |
| Vacant Housing Units | 1,056 ( 4.3%) |
| Median Home Value | $534,124 |
| Average Home Value | $615,380 |
Housing Distribution
Address Breakdown
Residential
25,062
Single Family
15,403
Multi-Family
9,659
Businesses
1,430
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