4702 Obannon Dr APT ALas VegasNV89102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4702 Obannon Dr APT A, Las Vegas, NV, 89102 in Las Vegas at $225,500 earns $1,644/mo in rent and nets $82/mo after the $1,014/mo payment, a 8.75% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $62,301 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $2,077/yr in principal paydown, total projected return reaches $107,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.2% |
| Monthly Cash Flow | $82 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,644 |
| Total Monthly Debt Service | $1,213 |
| DSCR Ratio | 1.36x |
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 1982
2,138 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89102, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,885 (100%) |
| Owner Occupied HU | 4,316 (27.2%) |
| Renter Occupied HU | 10,414 (65.6%) |
| Vacant Housing Units | 1,155 ( 7.3%) |
| Median Home Value | $422,592 |
| Average Home Value | $573,586 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
5,941
Multi-Family
9,641
Businesses
2,805
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 1982
2,138 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89102, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,885 (100%) |
| Owner Occupied HU | 4,316 (27.2%) |
| Renter Occupied HU | 10,414 (65.6%) |
| Vacant Housing Units | 1,155 ( 7.3%) |
| Median Home Value | $422,592 |
| Average Home Value | $573,586 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
5,941
Multi-Family
9,641
Businesses
2,805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices