3406 Fort Smith DrLas VegasNV89122
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3406 Fort Smith Dr, Las Vegas, NV, 89122 in Las Vegas speaks for itself: 10.52% gross on a $231,990 price, generating $2,034/mo in rent and $615/mo in net income after the $1,043/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,375 stacks alongside $64,095 in projected five-year appreciation and $2,137/yr in principal reduction. Projected total cumulative return: $127,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.2% |
| Monthly Cash Flow | $615 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $1,327 |
| DSCR Ratio | 1.53x |
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.
Manufactured
Built in 1981
4,791 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89122, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,558 (100%) |
| Owner Occupied HU | 12,966 (52.8%) |
| Renter Occupied HU | 10,184 (41.5%) |
| Vacant Housing Units | 1,408 ( 5.7%) |
| Median Home Value | $332,603 |
| Average Home Value | $391,723 |
Housing Distribution
Address Breakdown
Residential
20,320
Single Family
15,780
Multi-Family
4,540
Businesses
312
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
Manufactured
Built in 1981
4,791 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89122, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,558 (100%) |
| Owner Occupied HU | 12,966 (52.8%) |
| Renter Occupied HU | 10,184 (41.5%) |
| Vacant Housing Units | 1,408 ( 5.7%) |
| Median Home Value | $332,603 |
| Average Home Value | $391,723 |
Housing Distribution
Address Breakdown
Residential
20,320
Single Family
15,780
Multi-Family
4,540
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices