1503 Melodic Lark DrLas Vegas ValleyNV89138
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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 Valley at 1503 Melodic Lark Dr, Las Vegas Valley, NV, 89138 earns $808/mo cash flow from $3,534/mo rent with a $2,309/mo payment. Total monthly income totals $3,534/mo, and annual cash flow totals $9,700/yr on $156,369 capital. ROI tracks 26.11% on current figures, and rental yield reads 8.99% at a $471,700 purchase. Equity gained on principal adds $3,044/yr, and 5% annual appreciation supports $130,322 over five years. Five-year ROI reaches 135.58% and total cumulative return in cash sums $212,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,534/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
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Listed by: N/A • N/A
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A