1670 N Lamont StLas VegasNV89115
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1670 N Lamont St, Las Vegas, NV, 89115 in Las Vegas is priced for appreciation, not yield. Rental yield 2.25%. At $750,000 with a 2.25% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $207,211 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.42) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $94,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 5.2% |
| Monthly Cash Flow | $(2,926) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,408 |
| Total Monthly Debt Service | $4,035 |
| DSCR Ratio | 0.35x |
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.
Multi Family
Built in 1996
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
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
Multi Family
Built in 1996
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices