3673 Ian Thomas St UNIT 102Las VegasNV89129
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3673 Ian Thomas St UNIT 102, Las Vegas, NV, 89129 in Las Vegas is a solid income-producing rental, 8.88% gross yield, $1,812/mo rent, $396/mo net cash flow on a $245,000 buy. DSCR 1.64 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $67,689 and $2,256/yr in principal reduction project a total cumulative return of $117,964.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.2% |
| Monthly Cash Flow | $396 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,812 |
| Total Monthly Debt Service | $1,318 |
| DSCR Ratio | 1.37x |
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89129, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,474 (100%) |
| Owner Occupied HU | 13,904 (64.7%) |
| Renter Occupied HU | 6,850 (31.9%) |
| Vacant Housing Units | 720 ( 3.4%) |
| Median Home Value | $472,146 |
| Average Home Value | $538,871 |
Housing Distribution
Address Breakdown
Residential
21,206
Single Family
17,597
Multi-Family
3,609
Businesses
445
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89129, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,474 (100%) |
| Owner Occupied HU | 13,904 (64.7%) |
| Renter Occupied HU | 6,850 (31.9%) |
| Vacant Housing Units | 720 ( 3.4%) |
| Median Home Value | $472,146 |
| Average Home Value | $538,871 |
Housing Distribution
Address Breakdown
Residential
21,206
Single Family
17,597
Multi-Family
3,609
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices