6524 Summershade StNorth Las VegasNV89086
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 6524 Summershade St, North Las Vegas, NV, 89086 in North Las Vegas is a conservative rental investment at $585,000. Rental yield 6.01%. A 1.11 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $161,625; $5,388/yr in principal paydown supplements. Total projected return: $166,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 5.8% |
| Monthly Cash Flow | $(863) | $320 |
City averages based on North Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,930 |
| Total Monthly Debt Service | $3,561 |
| DSCR Ratio | 0.82x |
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 2023
7,840 sqft lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89086, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,427 (100%) |
| Owner Occupied HU | 3,866 (71.2%) |
| Renter Occupied HU | 1,365 (25.2%) |
| Vacant Housing Units | 196 ( 3.6%) |
| Median Home Value | $428,247 |
| Average Home Value | $469,700 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
3,436
Multi-Family
1,306
Businesses
62
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 2023
7,840 sqft lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89086, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,427 (100%) |
| Owner Occupied HU | 3,866 (71.2%) |
| Renter Occupied HU | 1,365 (25.2%) |
| Vacant Housing Units | 196 ( 3.6%) |
| Median Home Value | $428,247 |
| Average Home Value | $469,700 |
Housing Distribution
Address Breakdown
Residential
4,742
Single Family
3,436
Multi-Family
1,306
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Myers • Keller Williams MarketPlace
Mls Name: GLVAR
Mls Provider:
Mls ID: #2649651
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