3151 Soaring Gulls Dr UNIT 1181Las VegasNV89128
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.66, 3151 Soaring Gulls Dr UNIT 1181, Las Vegas, NV, 89128 in Las Vegas sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.97%. The 8.97% yield is backed by 5% annual appreciation projecting $66,998 in value gain, plus $2,233/yr in principal reduction. Total projected cumulative return: $92,423.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $(15) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,812 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
$426 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
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
Condo
Built in 1989
N/A lot
$N/A/sqft
$426 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chloe Kautzmann • Las Vegas Invest Real Estate
Mls Name: LVR
Mls Provider:
Mls ID: #2680886
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