397 Purple Sandpiper StLas VegasNV89138
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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 397 Purple Sandpiper St, Las Vegas, NV, 89138 priced at $849,500 pairs $5,509/mo rent with $401/mo cash flow after a $4,158/mo payment. Total monthly income equals $5,509/mo, and annual cash flow comes to $4,807/yr on $279,486 invested. Return on cash invested is 21.78% in year one, and rental yield stands at 7.78% on a $849,500 basis. Equity gained on principal adds $5,482/yr, and 5% annual appreciation accumulates to $234,701 by year five. Five-year ROI measures 112.61% and total cumulative return in cash reaches $314,733. For financing, Ziffy Mortgage’s DSCR program evaluates $5,509/mo property income against a $4,158/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
4,356 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
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Listed by: Richard J. Brenkus • Keller Williams MarketPlace
Mls Name: LVR
Mls Provider:
Mls ID: #2716606
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)