3612 Chelsea Gardens DrLas VegasNV89135
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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 3612 Chelsea Gardens Dr, Las Vegas, NV, 89135 generates $5,092/mo in rent and, after a $3,915/mo payment, leaves $470/mo in cash flow. Total monthly income is $5,092/mo, and annual cash flow is $5,645/yr on $263,167 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 7.64% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash sums $301,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,092/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89135, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,059 (100%) |
| Owner Occupied HU | 10,723 (66.8%) |
| Renter Occupied HU | 4,084 (25.4%) |
| Vacant Housing Units | 1,252 ( 7.8%) |
| Median Home Value | $654,189 |
| Average Home Value | $848,332 |
Housing Distribution
Address Breakdown
Residential
15,296
Single Family
13,157
Multi-Family
2,139
Businesses
505
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