1620 Davilla St Unit 202Las VegasNV89146
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.82% yield at 1620 Davilla St Unit 202, Las Vegas, NV, 89146 in Las Vegas is solid, but the $1,088/mo payment compresses net cash flow to $125/mo at $241,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $66,833 by year five, and $2,228/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.63) without U.S. income documentation. Total projected return: $115,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.2% |
| Monthly Cash Flow | $125 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,777 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.37x |
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 1994
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89146, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,013 (100%) |
| Owner Occupied HU | 3,456 (43.1%) |
| Renter Occupied HU | 4,022 (50.2%) |
| Vacant Housing Units | 535 ( 6.7%) |
| Median Home Value | $457,016 |
| Average Home Value | $501,466 |
Housing Distribution
Address Breakdown
Residential
7,564
Single Family
4,217
Multi-Family
3,347
Businesses
1,575
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 1994
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89146, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,013 (100%) |
| Owner Occupied HU | 3,456 (43.1%) |
| Renter Occupied HU | 4,022 (50.2%) |
| Vacant Housing Units | 535 ( 6.7%) |
| Median Home Value | $457,016 |
| Average Home Value | $501,466 |
Housing Distribution
Address Breakdown
Residential
7,564
Single Family
4,217
Multi-Family
3,347
Businesses
1,575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices