128 Los Cabos Dr UNIT 301Las VegasNV89144
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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 Las Vegas at 128 Los Cabos Dr UNIT 301, Las Vegas, NV, 89144 generates $4,594/mo in rent, after a $5,873/mo payment. Total monthly income is $4,594/mo. Return on cash invested sits at 9.63% in year one, and rental yield is 4.59% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 48.34% and total cumulative return in cash sums $187,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,594/mo property income rather than buyer’s personal income.
Condo
Built in 2023
8,145 sqft lot
$N/A/sqft
$1,141 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89144, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,162 (100%) |
| Owner Occupied HU | 5,221 (64.0%) |
| Renter Occupied HU | 2,382 (29.2%) |
| Vacant Housing Units | 559 ( 6.8%) |
| Median Home Value | $591,201 |
| Average Home Value | $705,273 |
Housing Distribution
Address Breakdown
Residential
8,236
Single Family
6,264
Multi-Family
1,972
Businesses
179
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Listed by: Kyla L. Gebhart • Simply Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2689992
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)