3751 McLeod DrLas VegasNV89121
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3751 McLeod Dr, Las Vegas, NV, 89121 in Las Vegas. Rental yield 3.57%. At $658,524 with 3.57% gross yield, current distributions are modest, but the 5% appreciation rate projects $181,938 in new equity by year five, complemented by $6,065/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.66) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $129,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.2% |
| Monthly Cash Flow | $(1,848) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,957 |
| Total Monthly Debt Service | $3,543 |
| DSCR Ratio | 0.55x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89121, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,288 (100%) |
| Owner Occupied HU | 13,513 (46.1%) |
| Renter Occupied HU | 13,299 (45.4%) |
| Vacant Housing Units | 2,476 ( 8.5%) |
| Median Home Value | $355,882 |
| Average Home Value | $422,163 |
Housing Distribution
Address Breakdown
Residential
25,720
Single Family
18,538
Multi-Family
7,182
Businesses
1,349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
