3099 Palmdesert WayLas VegasNV89120
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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 at 3099 Palmdesert Way, Las Vegas, NV, 89120 offers a 6.3% rental yield on a $735,000 purchase with $3,860/mo rent. 14% in year one. Equity gained on principal adds $4,743/yr while 5% annual appreciation supports $203,067 over five years. Portfolio math shows five-year ROI at 92.79% and total cumulative return in cash at $224,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,860/mo property income against a $3,597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89120, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,366 (100%) |
| Owner Occupied HU | 5,812 (56.1%) |
| Renter Occupied HU | 4,052 (39.1%) |
| Vacant Housing Units | 502 ( 4.8%) |
| Median Home Value | $442,122 |
| Average Home Value | $518,913 |
Housing Distribution
Address Breakdown
Residential
9,723
Single Family
6,496
Multi-Family
3,227
Businesses
2,035
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Listed by: Melissa Kiser • Love Las Vegas Realty
Mls Name: LVR
Mls Provider:
Mls ID: #2683631
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)