3151 Soaring Gulls Dr UNIT 1053Las VegasNV89128
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 3151 Soaring Gulls Dr UNIT 1053, Las Vegas, NV, 89128 uses $73,925 cash to close to unlock $756/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,764/mo, and a $1,091/mo payment keeps the spread at $63/mo. Purchase price stands at $223,000, and rental yield measures 9.49% with $1,764/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $61,611 over five years. Five-year ROI reaches 110.29% and total cumulative return in cash records $81,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,764/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Condo
Built in 1989
5,401 sqft lot
$N/A/sqft
$413 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89128, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,187 (100%) |
| Owner Occupied HU | 8,552 (49.8%) |
| Renter Occupied HU | 7,765 (45.2%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $425,266 |
| Average Home Value | $473,431 |
Housing Distribution
Address Breakdown
Residential
16,539
Single Family
10,723
Multi-Family
5,816
Businesses
843
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Listed by: Keith Hill • Simply Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2679712
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)