3573 Arville St UNIT 601AParadise TownNV89103
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3573 Arville St UNIT 601A, Paradise Town, NV, 89103 in Paradise Town worth modelling. At $217,800 with a 9.06% gross yield, the $1,644/mo rent leaves $136/mo after the $979/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.68 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $60,174 by year five; $2,006/yr in principal reduction adds further equity. Total projected return: $92,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $136 | $1,200 |
City averages based on Paradise Town market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,644 |
| Total Monthly Debt Service | $1,422 |
| DSCR Ratio | 1.16x |
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.
Condo
Built in 1985
1,640 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89103, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,117 (100%) |
| Owner Occupied HU | 7,419 (32.1%) |
| Renter Occupied HU | 13,609 (58.9%) |
| Vacant Housing Units | 2,089 ( 9.0%) |
| Median Home Value | $337,810 |
| Average Home Value | $354,100 |
Housing Distribution
Address Breakdown
Residential
21,869
Single Family
10,964
Multi-Family
10,905
Businesses
2,066
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 1985
1,640 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89103, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,117 (100%) |
| Owner Occupied HU | 7,419 (32.1%) |
| Renter Occupied HU | 13,609 (58.9%) |
| Vacant Housing Units | 2,089 ( 9.0%) |
| Median Home Value | $337,810 |
| Average Home Value | $354,100 |
Housing Distribution
Address Breakdown
Residential
21,869
Single Family
10,964
Multi-Family
10,905
Businesses
2,066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Li • Keller Williams MarketPlace
Mls Name: GLVAR
Mls Provider:
Mls ID: #2630748
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