2508 Palmridge DrLas VegasNV89134
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2508 Palmridge Dr, Las Vegas, NV, 89134 in Las Vegas worth study. Rental yield 5.04%. The 5.04% gross yield is below cash-flow benchmarks at $469,900, but 5% annual appreciation, adding $129,825 over five years, frames this as a capital growth position. Rent of $1,973/mo partially offsets the $2,113/mo payment. Ziffy Mortgage finances appreciation-play properties (0.93 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $102,175.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.2% |
| Monthly Cash Flow | $(1,199) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,973 |
| Total Monthly Debt Service | $2,985 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1990
3,049 sqft lot
$N/A/sqft
$5,487 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89134, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 9,776 (77.1%) |
| Renter Occupied HU | 2,048 (16.2%) |
| Vacant Housing Units | 857 ( 6.8%) |
| Median Home Value | $490,635 |
| Average Home Value | $592,447 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
12,185
Multi-Family
299
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1990
3,049 sqft lot
$N/A/sqft
$5,487 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89134, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 9,776 (77.1%) |
| Renter Occupied HU | 2,048 (16.2%) |
| Vacant Housing Units | 857 ( 6.8%) |
| Median Home Value | $490,635 |
| Average Home Value | $592,447 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
12,185
Multi-Family
299
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Moore • BluePrint Real Estate Services
Mls Name: GLVAR
Mls Provider:
Mls ID: #2667147
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