6867 Evening Orchid StNorth Las VegasNV89086
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 6867 Evening Orchid St, North Las Vegas, NV, 89086 in North Las Vegas is narrow, $25/mo net on $2,510/mo rent after the $1,767/mo debt service, but the property operates at break-even-plus, not a loss. At $392,900 with a 7.67% yield, the long-run equity case via 5% appreciation ($108,551 over five years) and $3,619/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.42 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $163,698.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.8% |
| Monthly Cash Flow | $25 | $320 |
City averages based on North Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,510 |
| Total Monthly Debt Service | $2,114 |
| DSCR Ratio | 1.19x |
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.
Single Family
Built in 2023
1,742 sqft lot
$N/A/sqft
No 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
1,742 sqft lot
$N/A/sqft
No 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: Nichole L. Teter • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls ID: #2716034