3151 Soaring Gulls Dr UNIT 1103Las VegasNV89128
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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 3151 Soaring Gulls Dr UNIT 1103, Las Vegas, NV, 89128 earns $346/mo cash flow from $2,039/mo rent with a $1,434/mo payment. Total monthly income totals $2,039/mo, and annual cash flow totals $4,154/yr on $97,130 capital. ROI tracks 24.19% on current figures, and rental yield reads 8.35% at a $293,000 purchase. Equity gained on principal adds $1,891/yr, and 5% annual appreciation supports $80,951 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash sums $121,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,039/mo property income instead of your personal income.
Condo
Built in 1989
0.30 Acres lot
$N/A/sqft
No 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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