3318 N Decatur Blvd UNIT 2129Las VegasNV89130
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3318 N Decatur Blvd UNIT 2129, Las Vegas, NV, 89130 in Las Vegas deserves attention. This $209,400 property earns $2,018/mo in rent, a 11.57% gross yield, and nets $809/mo after the $942/mo payment. DSCR 2.14 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $57,853 compounds alongside $1,929/yr in yearly equity build, for a total cumulative return of $131,065.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.2% |
| Monthly Cash Flow | $809 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,018 |
| Total Monthly Debt Service | $1,127 |
| DSCR Ratio | 1.79x |
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.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No 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
Apartment
Built in N/A
N/A lot
$N/A/sqft
No 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