7038 Silver Palace StLas 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
Investment property for sale in Las Vegas at 7038 Silver Palace St, Las Vegas, NV, 89131 offers a 7.14% rental yield on a $743,000 purchase with $4,420/mo rent. Total monthly income registers $4,420/mo, and a $3,637/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,520/yr on $244,447 to close, and return on cash invested stands at 20.68% in year one. Equity gained on principal adds $4,794/yr while 5% annual appreciation supports $205,277 over five years. Portfolio math shows five-year ROI at 106.41% and total cumulative return in cash at $260,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,420/mo property income against a $3,637/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No 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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