11257 Rainbow Peak Ave #105Las VegasNV89135
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 11257 Rainbow Peak Ave #105, Las Vegas, NV, 89135 in Las Vegas achieves 1.52, rent of $2,267/mo covers the $1,488/mo payment 1.5x over at $330,999. Rental yield 8.22%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $91,449 over five years, with $3,049/yr in principal reduction bringing total projected return to $147,751.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.2% |
| Monthly Cash Flow | $(44) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,267 |
| Total Monthly Debt Service | $1,781 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2017
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89135, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,059 (100%) |
| Owner Occupied HU | 10,723 (66.8%) |
| Renter Occupied HU | 4,084 (25.4%) |
| Vacant Housing Units | 1,252 ( 7.8%) |
| Median Home Value | $654,189 |
| Average Home Value | $848,332 |
Housing Distribution
Address Breakdown
Residential
15,296
Single Family
13,157
Multi-Family
2,139
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2017
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89135, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,059 (100%) |
| Owner Occupied HU | 10,723 (66.8%) |
| Renter Occupied HU | 4,084 (25.4%) |
| Vacant Housing Units | 1,252 ( 7.8%) |
| Median Home Value | $654,189 |
| Average Home Value | $848,332 |
Housing Distribution
Address Breakdown
Residential
15,296
Single Family
13,157
Multi-Family
2,139
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices