168 Springbough LnLas VegasNV89138
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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 168 Springbough Ln, Las Vegas, NV, 89138 offers $4,114/mo rent that, after a $6,192/mo payment. Total monthly income is $4,114/mo. Return on cash invested measures 11.01% in year one, and rental yield stands at 3.9% at a $1,265,000 entry. Equity gained on principal adds $8,163/yr while 5% annual appreciation compounds into $349,496 by year five. Five-year ROI records 54.49% and total cumulative return in cash reaches $223,351. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,114/mo property income versus a $6,192/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,969 sqft 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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