3018 Carothers CtNorth Las VegasNV89032
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 3018 Carothers Ct, North Las Vegas, NV, 89032 in North Las Vegas at $443,900. Rental yield 6.8%. The 6.8% yield and 1.26 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $122,641 by year five, and $4,088/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $154,117.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.8% |
| Monthly Cash Flow | $(220) | $320 |
City averages based on North Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,515 |
| Total Monthly Debt Service | $2,558 |
| DSCR Ratio | 0.98x |
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.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89032, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,993 (100%) |
| Owner Occupied HU | 10,276 (60.5%) |
| Renter Occupied HU | 6,247 (36.8%) |
| Vacant Housing Units | 470 ( 2.8%) |
| Median Home Value | $385,231 |
| Average Home Value | $442,415 |
Housing Distribution
Address Breakdown
Residential
15,939
Single Family
13,709
Multi-Family
2,230
Businesses
918
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 2021
6,098 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89032, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,993 (100%) |
| Owner Occupied HU | 10,276 (60.5%) |
| Renter Occupied HU | 6,247 (36.8%) |
| Vacant Housing Units | 470 ( 2.8%) |
| Median Home Value | $385,231 |
| Average Home Value | $442,415 |
Housing Distribution
Address Breakdown
Residential
15,939
Single Family
13,709
Multi-Family
2,230
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Perry • Keller Williams MarketPlace
Mls Name: GLVAR
Mls Provider:
Mls ID: #2663765
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