929 Sulphur Springs Ln UNIT 202Las VegasNV89128
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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 929 Sulphur Springs Ln UNIT 202, Las Vegas, NV, 89128 uses $62,985 cash to close to unlock $6,434/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $930/mo payment keeps the spread at $536/mo. Purchase price stands at $190,000, and rental yield measures 10.32% with $1,634/mo rent. Return on cash invested shows 30.12% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 157.14% and total cumulative return in cash records $98,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1989
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89128, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,187 (100%) |
| Owner Occupied HU | 8,552 (49.8%) |
| Renter Occupied HU | 7,765 (45.2%) |
| Vacant Housing Units | 870 ( 5.1%) |
| Median Home Value | $425,266 |
| Average Home Value | $473,431 |
Housing Distribution
Address Breakdown
Residential
16,539
Single Family
10,723
Multi-Family
5,816
Businesses
843
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