1001 Sulphur Springs Ln UNIT 202Las VegasNV89128
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
Rental property for sale in Las Vegas at 1001 Sulphur Springs Ln UNIT 202, Las Vegas, NV, 89128 generates $1,728/mo in rent and, after a $1,176/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,728/mo, and annual cash flow is $2,037/yr on $79,659 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.63% on a $240,300 entry. Equity gained on principal adds $1,551/yr, while 5% annual appreciation builds toward $66,390 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash sums $93,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,728/mo property income rather than buyer’s personal income.
Condo
Built in 1988
3,000 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89128, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,187 (100%) |
| Owner Occupied HU | 8,552 (49.8%) |
| Renter Occupied HU | 7,765 (45.2%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $425,266 |
| Average Home Value | $473,431 |
Housing Distribution
Address Breakdown
Residential
16,539
Single Family
10,723
Multi-Family
5,816
Businesses
843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices