1405 Vegas Valley Dr APT 208Las VegasNV89169
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.76, 1405 Vegas Valley Dr APT 208, Las Vegas, NV, 89169 in Las Vegas sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.5%. The 9.5% yield is backed by 5% annual appreciation projecting $33,983 in value gain, plus $1,133/yr in principal reduction. Total projected cumulative return: $42,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $(93) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $974 |
| Total Monthly Debt Service | $1,018 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1971
N/A lot
$N/A/sqft
$356 monthly HOA
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 1971
N/A lot
$N/A/sqft
$356 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brady McGill • The Agency Las Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2776437
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