15 E Agate Ave Unit 202Las VegasNV89123
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 15 E Agate Ave Unit 202, Las Vegas, NV, 89123 in Las Vegas at $255,000 earns $1,906/mo in rent and nets $7/mo after the $1,147/mo payment, a 8.97% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $70,452 over five years. Ziffy Mortgage underwrites this on a 1.66 DSCR without U.S. credit history. With $2,349/yr in principal paydown, total projected return reaches $124,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $7 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,906 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 1.39x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89123, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,907 (100%) |
| Owner Occupied HU | 13,877 (51.6%) |
| Renter Occupied HU | 11,003 (40.9%) |
| Vacant Housing Units | 2,027 ( 7.5%) |
| Median Home Value | $461,252 |
| Average Home Value | $499,011 |
Housing Distribution
Address Breakdown
Residential
23,540
Single Family
16,483
Multi-Family
7,057
Businesses
1,163
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89123, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,907 (100%) |
| Owner Occupied HU | 13,877 (51.6%) |
| Renter Occupied HU | 11,003 (40.9%) |
| Vacant Housing Units | 2,027 ( 7.5%) |
| Median Home Value | $461,252 |
| Average Home Value | $499,011 |
Housing Distribution
Address Breakdown
Residential
23,540
Single Family
16,483
Multi-Family
7,057
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices