3408 Isle DrLas VegasNV89141
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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
Rental property for sale in Las Vegas at 3408 Isle Dr, Las Vegas, NV, 89141 priced at $713,000 converts $2,274/mo rent into after a $3,490/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 9.86% in year one, and rental yield reads 3.83% against a $713,000 entry. Equity gained on principal adds $4,601/yr, while 5% annual appreciation compiles into $196,989 by year five. Five-year ROI reaches 48.67% and total cumulative return in cash sums $114,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $3,490/mo payment, not borrower’s personal income.
Single Family
Built in 2019
5,662 sqft lot
$N/A/sqft
$72 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89141, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 12,595 (67.7%) |
| Renter Occupied HU | 4,715 (25.3%) |
| Vacant Housing Units | 1,290 ( 6.9%) |
| Median Home Value | $559,133 |
| Average Home Value | $641,827 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
15,446
Multi-Family
2,083
Businesses
162
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Listed by: Tara F. Jones • Opendoor Brokerage LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2642040
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