616 N 11th StLas VegasNV89101
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 616 N 11th St, Las Vegas, NV, 89101 in Las Vegas fits: $499,900, 3.81% gross yield, and a projected 5% annual appreciation rate adding $138,113 in value within five years. Rental yield 3.81%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.71) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,604/yr in principal paydown and $138,113 in appreciation project a total return of $104,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.2% |
| Monthly Cash Flow | $(1,303) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,585 |
| Total Monthly Debt Service | $2,689 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1956
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
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
Multi Family
Built in 1956
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89101, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 3,474 (18.5%) |
| Renter Occupied HU | 13,517 (72.1%) |
| Vacant Housing Units | 1,747 ( 9.3%) |
| Median Home Value | $305,511 |
| Average Home Value | $358,538 |
Housing Distribution
Address Breakdown
Residential
15,659
Single Family
7,561
Multi-Family
8,098
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices