11815 Corenzio AveLas VegasNV89138
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 11815 Corenzio Ave, Las Vegas, NV, 89138 in Las Vegas: $3,960/mo in rent, $204/mo in net income, 7.31% gross yield, 1.35 DSCR, all at $650,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $179,583 in appreciation and $5,987/yr in principal paydown projects total cumulative return of $258,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.2% |
| Monthly Cash Flow | $204 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,960 |
| Total Monthly Debt Service | $3,497 |
| DSCR Ratio | 1.13x |
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.
Single Family
Built in 2017
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
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
Single Family
Built in 2017
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89138, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,929 (100%) |
| Owner Occupied HU | 9,649 (80.9%) |
| Renter Occupied HU | 1,565 (13.1%) |
| Vacant Housing Units | 715 ( 6.0%) |
| Median Home Value | $718,158 |
| Average Home Value | $819,813 |
Housing Distribution
Address Breakdown
Residential
11,352
Single Family
10,711
Multi-Family
641
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices