231 Mission Newport Ln APT 102Las VegasNV89107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.75 makes 231 Mission Newport Ln APT 102, Las Vegas, NV, 89107 in Las Vegas one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.44%. The 9.44% yield, 5% annual appreciation ($41,442 over five years), and $1,382/yr in principal reduction project a total cumulative return of $54,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $(58) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,180 |
| Total Monthly Debt Service | $1,178 |
| DSCR Ratio | 1.00x |
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 1989
8,847 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89107, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,025 (100%) |
| Owner Occupied HU | 7,215 (51.4%) |
| Renter Occupied HU | 6,216 (44.3%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $336,514 |
| Average Home Value | $388,591 |
Housing Distribution
Address Breakdown
Residential
13,275
Single Family
10,165
Multi-Family
3,110
Businesses
556
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 1989
8,847 sqft lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89107, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,025 (100%) |
| Owner Occupied HU | 7,215 (51.4%) |
| Renter Occupied HU | 6,216 (44.3%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $336,514 |
| Average Home Value | $388,591 |
Housing Distribution
Address Breakdown
Residential
13,275
Single Family
10,165
Multi-Family
3,110
Businesses
556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandee G. McDuffie • Keller Williams Realty Las Veg
Mls Name: LVR
Mls Provider:
Mls ID: #2717870
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