251 Glenoaks StPahrumpNV89048
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.55% yield at 251 Glenoaks St, Pahrump, NV, 89048 in Pahrump is solid, but the $1,675/mo payment compresses net cash flow to $107/mo at $372,485. 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 $102,911 by year five, and $3,431/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.40) without U.S. income documentation. Total projected return: $147,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 4.2% |
| Monthly Cash Flow | $107 | $850 |
City averages based on Pahrump market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,342 |
| Total Monthly Debt Service | $2,087 |
| DSCR Ratio | 1.12x |
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.
Single Family
Built in 2023
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89048, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,653 (100%) |
| Owner Occupied HU | 8,562 (67.7%) |
| Renter Occupied HU | 2,943 (23.3%) |
| Vacant Housing Units | 1,148 ( 9.1%) |
| Median Home Value | $320,864 |
| Average Home Value | $346,375 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,082
Multi-Family
94
Businesses
554
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
Single Family
Built in 2023
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89048, Pahrump, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,653 (100%) |
| Owner Occupied HU | 8,562 (67.7%) |
| Renter Occupied HU | 2,943 (23.3%) |
| Vacant Housing Units | 1,148 ( 9.1%) |
| Median Home Value | $320,864 |
| Average Home Value | $346,375 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
10,082
Multi-Family
94
Businesses
554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Oren Ben Navon • 1st Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2646637
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