5408 Swenson St #2Las VegasNV89119
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 5408 Swenson St #2, Las Vegas, NV, 89119 in Las Vegas clears it at 1.71, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.22%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $33,154; $1,105/yr in principal equity; total projected return: $59,973.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $(81) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $922 |
| Total Monthly Debt Service | $646 |
| DSCR Ratio | 1.43x |
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 1976
4,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
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 1976
4,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices