3890 Terrazzo AveLas VegasNV89115
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3890 Terrazzo Ave, Las Vegas, NV, 89115 in Las Vegas worth modelling. At $175,000 with a 9.56% gross yield, the $1,317/mo rent leaves $183/mo after the $787/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.67 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $48,349 by year five; $1,612/yr in principal reduction adds further equity. Total projected return: $73,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.2% |
| Monthly Cash Flow | $183 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,317 |
| Total Monthly Debt Service | $1,142 |
| DSCR Ratio | 1.15x |
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.
Townhouse
Built in 1987
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
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
Townhouse
Built in 1987
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89115, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,615 (100%) |
| Owner Occupied HU | 8,287 (35.1%) |
| Renter Occupied HU | 13,881 (58.8%) |
| Vacant Housing Units | 1,447 ( 6.1%) |
| Median Home Value | $297,970 |
| Average Home Value | $357,226 |
Housing Distribution
Address Breakdown
Residential
20,594
Single Family
15,618
Multi-Family
4,976
Businesses
1,476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angel Zepeda • United Realty Group
Mls Name: GLVAR
Mls Provider:
Mls ID: #2676099
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