3659 Gerri Bay LnLas VegasNV89147
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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 3659 Gerri Bay Ln, Las Vegas, NV, 89147 generates $2,371/mo in rent, after a $2,357/mo payment. Total monthly income is $2,371/mo. Return on cash invested sits at 16.82% in year one, and rental yield is 5.91% on a $481,600 entry. Equity gained on principal adds $3,108/yr, while 5% annual appreciation builds toward $133,057 over five years. Five-year ROI reaches 85.73% and total cumulative return in cash sums $136,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,371/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89147, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 11,731 (50.1%) |
| Renter Occupied HU | 10,564 (45.1%) |
| Vacant Housing Units | 1,126 ( 4.8%) |
| Median Home Value | $438,068 |
| Average Home Value | $470,705 |
Housing Distribution
Address Breakdown
Residential
22,702
Single Family
15,111
Multi-Family
7,591
Businesses
987
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