6907 Kelp Ledge CtLas VegasNV89131
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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
Total monthly income runs $3,896/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 4.25% with $3,896/mo rent. Return on cash invested shows 11.44% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 57.03% and total cumulative return in cash records $203,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,896/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.53 Acres lot
$N/A/sqft
$575 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89131, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,673 (100%) |
| Owner Occupied HU | 14,013 (79.3%) |
| Renter Occupied HU | 3,254 (18.4%) |
| Vacant Housing Units | 406 ( 2.3%) |
| Median Home Value | $527,392 |
| Average Home Value | $570,311 |
Housing Distribution
Address Breakdown
Residential
18,216
Single Family
17,699
Multi-Family
517
Businesses
291
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Listed by: Daniel J. Caldera • DC Realty LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2676493
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