4748 Obannon Dr APT CLas VegasNV89102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 4748 Obannon Dr APT C, Las Vegas, NV, 89102 in Las Vegas, $218,900, 8.58% gross yield, $21/mo net income. Consider it a market-entry position, the $1,566/mo rent covers the $984/mo payment with a margin, and 5%/yr appreciation is projected to add $60,478 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.59) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $102,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.2% |
| Monthly Cash Flow | $21 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,566 |
| Total Monthly Debt Service | $1,178 |
| DSCR Ratio | 1.33x |
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
2,164 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
2,164 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