2885 Red Springs DrLas VegasNV89135
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
Investment Highlights
Investment property for sale in Las Vegas at 2885 Red Springs Dr, Las Vegas, NV, 89135 at $1,650,000 posts ROI 7.38% with from $4,038/mo rent. Total monthly income equals $4,038/mo. Return on cash invested measures 7.38% and rental yield reads 2.94% at the current $1,650,000. Equity gained on principal adds $10,647/yr, and 5% annual appreciation supports $455,865 by year five. Five-year ROI prints 35.26% and total cumulative return in cash totals $188,501. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,038/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89135, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,059 (100%) |
| Owner Occupied HU | 10,723 (66.8%) |
| Renter Occupied HU | 4,084 (25.4%) |
| Vacant Housing Units | 1,252 ( 7.8%) |
| Median Home Value | $654,189 |
| Average Home Value | $848,332 |
Housing Distribution
Address Breakdown
Residential
15,296
Single Family
13,157
Multi-Family
2,139
Businesses
505
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Nearby investment properties with comparable prices
Listed by: Cecilia Santaniello • Luxury Homes of Las Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2719083
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)