3111 Bel Air Dr UNIT 16DLas VegasNV89109
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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 3111 Bel Air Dr UNIT 16D, Las Vegas, NV, 89109 uses $165,319 cash to close to unlock $906/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $3,437/mo, and a $2,441/mo payment keeps the spread at $75/mo. Purchase price stands at $498,700, and rental yield measures 8.27% with $3,437/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $137,782 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash records $176,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,437/mo property income covering a $2,441/mo payment rather than investor’s personal income.
Condo
Built in 1974
1,896 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89109, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,742 (100%) |
| Owner Occupied HU | 1,861 (17.3%) |
| Renter Occupied HU | 2,580 (24.0%) |
| Vacant Housing Units | 6,301 (58.7%) |
| Median Home Value | $586,718 |
| Average Home Value | $718,602 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
963
Multi-Family
3,935
Businesses
1,827
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