8428 Summers Ranch CtLas VegasNV89139
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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 8428 Summers Ranch Ct, Las Vegas, NV, 89139 priced at $589,900 converts $3,263/mo rent into after a $2,887/mo obligation. Total monthly income equals $3,263/mo. Return on cash invested prints 18.75% in year one, and rental yield reads 6.64% against a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $162,978 by year five. Five-year ROI reaches 96.18% and total cumulative return in cash sums $186,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,263/mo property income covering a $2,887/mo payment, not borrower’s personal income.
Single Family
Built in 2009
3,484 sqft lot
$N/A/sqft
$102 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89139, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,973 (100%) |
| Owner Occupied HU | 10,646 (62.7%) |
| Renter Occupied HU | 5,801 (34.2%) |
| Vacant Housing Units | 526 ( 3.1%) |
| Median Home Value | $508,540 |
| Average Home Value | $555,684 |
Housing Distribution
Address Breakdown
Residential
16,378
Single Family
14,254
Multi-Family
2,124
Businesses
700
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Listed by: Rossial P. Galzote • Galindo Group Real Estate
Mls Name: GLVAR
Mls Provider:
Mls ID: #2650130
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