1303 S 8th StLas VegasNV89104
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1303 S 8th St, Las Vegas, NV, 89104 in Las Vegas is straightforward: $750,000 in, $5,021/mo in rent, $276/mo out after debt service. The 8.03% gross yield and 1.49 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $207,211 by year five. With $6,908/yr in principal equity, the total cumulative return is projected at $302,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.2% |
| Monthly Cash Flow | $276 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,021 |
| Total Monthly Debt Service | $4,447 |
| 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 2022
8,712 sqft lot
$N/A/sqft
$206 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
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 2022
8,712 sqft lot
$N/A/sqft
$206 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89104, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,575 (100%) |
| Owner Occupied HU | 7,067 (48.5%) |
| Renter Occupied HU | 6,680 (45.8%) |
| Vacant Housing Units | 828 ( 5.7%) |
| Median Home Value | $338,196 |
| Average Home Value | $370,313 |
Housing Distribution
Address Breakdown
Residential
15,951
Single Family
10,288
Multi-Family
5,663
Businesses
1,844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie S. Carver • BHHS Nevada Properties
Mls Name: LVR
Mls Provider:
Mls ID: #2751946
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)