3151 Soaring Gulls Dr UNIT 1161Las 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 1161, Las Vegas, NV, 89128 listed at $245,990 pairs $1,994/mo rent with a $1,204/mo payment to leave $160/mo cash flow. Total monthly income runs $1,994/mo, and annual cash flow reaches $1,916/yr on $81,546 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 9.73% at a $245,990 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,963 by year five. Five-year ROI tracks 117.12% and total cumulative return in cash totals $95,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,994/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
0.27 Acres 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: Nga Diep • Century 21 1st Priority Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2642399
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