525 Indian Princess Dr Unit 201Las VegasNV89145
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 525 Indian Princess Dr Unit 201, Las Vegas, NV, 89145 in Las Vegas at $248,000 earns $1,807/mo in rent and nets $70/mo after the $1,115/mo payment, a 8.74% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,518 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $2,284/yr in principal paydown, total projected return reaches $117,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.2% |
| Monthly Cash Flow | $70 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,807 |
| Total Monthly Debt Service | $1,334 |
| 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 1994
4,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Housing Distribution
Address Breakdown
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
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 1994
4,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Housing Distribution
Address Breakdown
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices