1407 Fields StLas VegasNV89142
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1407 Fields St, Las Vegas, NV, 89142 in Las Vegas. At $846,000 it earns $5,743/mo in rent and distributes $790/mo to the owner after the $3,804/mo payment, a consistent 8.15% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $233,734 in value; $7,792/yr in principal paydown compounds ownership stake. Total projected return: $370,396.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.2% |
| Monthly Cash Flow | $790 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,743 |
| Total Monthly Debt Service | $4,616 |
| DSCR Ratio | 1.24x |
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 2000
0.47 Acres lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89142, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,287 (100%) |
| Owner Occupied HU | 7,054 (62.5%) |
| Renter Occupied HU | 3,968 (35.2%) |
| Vacant Housing Units | 265 ( 2.3%) |
| Median Home Value | $373,244 |
| Average Home Value | $394,231 |
Housing Distribution
Address Breakdown
Residential
11,345
Single Family
9,206
Multi-Family
2,139
Businesses
104
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 2000
0.47 Acres lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89142, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,287 (100%) |
| Owner Occupied HU | 7,054 (62.5%) |
| Renter Occupied HU | 3,968 (35.2%) |
| Vacant Housing Units | 265 ( 2.3%) |
| Median Home Value | $373,244 |
| Average Home Value | $394,231 |
Housing Distribution
Address Breakdown
Residential
11,345
Single Family
9,206
Multi-Family
2,139
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra L. McCormick • Platinum Real Estate Prof
Mls Name: LVR
Mls Provider:
Mls ID: #2680953
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