1485 Great Snipe AveLas VegasNV89138
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Las Vegas rentals match the income profile of 1485 Great Snipe Ave, Las Vegas, NV, 89138. Listed at $658,800, gross rent is $5,509/mo and net cash flow is $1,703/mo, a 10.03% yield well above national averages. DSCR 1.76 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $182,014 by year five with $5,523/yr in annual principal reduction, projecting $345,846 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.2% |
| Monthly Cash Flow | $1,703 | $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 | $5,509 |
| Total Monthly Debt Service | $3,705 |
| DSCR Ratio | 1.49x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A 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
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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
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Nearby investment properties with comparable prices
