900 S Las Vegas Blvd #806Las VegasNV89101
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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 900 S Las Vegas Blvd #806, Las Vegas, NV, 89101 offers a 12.52% rental yield on a $519,000 purchase with $5,417/mo rent. Total monthly income registers $5,417/mo, and a $2,540/mo payment leaves $1,747/mo available for distribution. Annual cash flow reaches $20,959/yr on $170,751 to close, and return on cash invested stands at 32.33% in year one. Equity gained on principal adds $3,349/yr while 5% annual appreciation supports $143,390 over five years. Portfolio math shows five-year ROI at 170.62% and total cumulative return in cash at $291,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,417/mo property income against a $2,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$672 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
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Listed by: Grant R. Garcia • RHOME
Mls Name: GLVAR
Mls Provider:
Mls ID: #2593838
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