1501 Faldo StLas VegasNV89128
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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 1501 Faldo St, Las Vegas, NV, 89128 uses $95,804 cash to close to unlock $5,445/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $2,124/mo, and a $1,415/mo payment keeps the spread at $454/mo. Purchase price stands at $289,000, and rental yield measures 8.82% with $2,124/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 132.77% and total cumulative return in cash records $127,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,124/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
871.20 sqft lot
$N/A/sqft
No 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
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