8805 Jeffreys St UNIT 2104Paradise TownNV89123
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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 Paradise Town at 8805 Jeffreys St UNIT 2104, Paradise Town, NV, 89123 generates $2,033/mo in rent and, after a $1,556/mo payment, leaves $196/mo in cash flow. Total monthly income is $2,033/mo, and annual cash flow is $2,353/yr on $105,417 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 7.67% on a $318,000 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation builds toward $87,858 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash sums $120,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,033/mo property income rather than buyer’s personal income.
Condo
Built in 2006
5,715 sqft 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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Listed by: Wilson F. Wong • Vertex Realty & Property Manag
Mls Name: LVR
Mls ID: #2739181