510 Elm Dr UNIT 205Las VegasNV89169
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 510 Elm Dr UNIT 205, Las Vegas, NV, 89169 in Las Vegas earns a 11.28% gross yield at $149,588. Rent of $1,406/mo nets $308/mo after the $673/mo mortgage. The 2.09 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $41,328 and $1,378/yr in equity accumulation project a total cumulative return of $77,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.2% |
| Monthly Cash Flow | $308 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,406 |
| Total Monthly Debt Service | $1,039 |
| DSCR Ratio | 1.35x |
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 1985
3,145 sqft lot
$N/A/sqft
$234 monthly HOA
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 1985
3,145 sqft lot
$N/A/sqft
$234 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John W. Bostedt • Western Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2649800
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