618 Steep Canyon AveLas VegasNV89183
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 618 Steep Canyon Ave, Las Vegas, NV, 89183 in Las Vegas at $690,000. Rental yield 6.38%. The 6.38% yield and 1.18 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $190,634 by year five, and $6,355/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $226,326.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.2% |
| Monthly Cash Flow | $(544) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,668 |
| Total Monthly Debt Service | $3,938 |
| DSCR Ratio | 0.93x |
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.
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
$55 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
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
$55 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Velarde • Real Broker LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2667351
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