1150 N Buffalo Dr APT 2093Las VegasNV89128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1150 N Buffalo Dr APT 2093, Las Vegas, NV, 89128 in Las Vegas hard to pass up. The 10.92% gross yield on a $170,000 purchase results in $1,547/mo in rent and $565/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $6,775, five-year appreciation of $46,968, and $1,566/yr in equity build-up combine for a projected total cumulative return of $100,524.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.2% |
| Monthly Cash Flow | $565 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,547 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.69x |
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 1996
8,400 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
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 1996
8,400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices