3318 N Decatur Blvd UNIT 2057Las VegasNV89130
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 3318 N Decatur Blvd UNIT 2057, Las Vegas, NV, 89130 in Las Vegas is the 1.67 coverage ratio: rent of $752/mo versus a $450/mo debt payment on a $100,000 property. Rental yield 9.02%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $27,628 by year five, with $921/yr in equity from paydown. Total projected cumulative return: $18,053.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $(341) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $752 |
| Total Monthly Debt Service | $1,053 |
| DSCR Ratio | 0.71x |
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.
Condo
Built in 1998
0.26 Acres lot
$N/A/sqft
$496 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89130, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,698 (100%) |
| Owner Occupied HU | 9,742 (76.7%) |
| Renter Occupied HU | 2,628 (20.7%) |
| Vacant Housing Units | 328 ( 2.6%) |
| Median Home Value | $452,952 |
| Average Home Value | $514,261 |
Housing Distribution
Address Breakdown
Residential
13,421
Single Family
11,776
Multi-Family
1,645
Businesses
799
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 1998
0.26 Acres lot
$N/A/sqft
$496 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89130, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,698 (100%) |
| Owner Occupied HU | 9,742 (76.7%) |
| Renter Occupied HU | 2,628 (20.7%) |
| Vacant Housing Units | 328 ( 2.6%) |
| Median Home Value | $452,952 |
| Average Home Value | $514,261 |
Housing Distribution
Address Breakdown
Residential
13,421
Single Family
11,776
Multi-Family
1,645
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexandro Gutierrez • Realty ONE Group, Inc
Mls Name: LVR
Mls Provider:
Mls ID: #2711399
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