1521 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 1521 Melodic Lark Dr, Las Vegas Valley, NV, 89138 offers a 8.84% rental yield on a $479,900 purchase with $3,534/mo rent. Total monthly income registers $3,534/mo, and a $2,349/mo payment leaves $761/mo available for distribution. Annual cash flow reaches $9,133/yr on $159,087 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 133.11% and total cumulative return in cash at $211,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,534/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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 • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A