3659 Fort McHenry DrLas VegasNV89122
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3659 Fort McHenry Dr, Las Vegas, NV, 89122 in Las Vegas is narrow, $150/mo net on $1,708/mo rent after the $1,212/mo debt service, but the property operates at break-even-plus, not a loss. At $269,500 with a 7.6% yield, the long-run equity case via 5% appreciation ($74,458 over five years) and $2,482/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.41 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $111,417.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.2% |
| Monthly Cash Flow | $150 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,708 |
| Total Monthly Debt Service | $1,450 |
| DSCR Ratio | 1.18x |
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 1978
4,356 sqft lot
$N/A/sqft
No 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 1978
4,356 sqft lot
$N/A/sqft
No 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