3550 Bay Sands Dr APT 3055LaughlinNV89029
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3550 Bay Sands Dr APT 3055, Laughlin, NV, 89029 in Laughlin worth modelling. At $149,500 with a 9.83% gross yield, the $1,225/mo rent leaves $103/mo after the $672/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.82 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $41,304 by year five; $1,377/yr in principal reduction adds further equity. Total projected return: $64,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $103 | $1,200 |
City averages based on Laughlin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,225 |
| Total Monthly Debt Service | $1,062 |
| DSCR Ratio | 1.15x |
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 1990
6,956 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89029, Laughlin, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 2,373 (41.8%) |
| Renter Occupied HU | 2,254 (39.7%) |
| Vacant Housing Units | 1,048 (18.5%) |
| Median Home Value | $342,023 |
| Average Home Value | $363,050 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
3,135
Multi-Family
2,010
Businesses
122
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 1990
6,956 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89029, Laughlin, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 2,373 (41.8%) |
| Renter Occupied HU | 2,254 (39.7%) |
| Vacant Housing Units | 1,048 (18.5%) |
| Median Home Value | $342,023 |
| Average Home Value | $363,050 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
3,135
Multi-Family
2,010
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kent J. Divich • Renaissance Realty Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2574990
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