8913 Spinning Wheel AveLas VegasNV89143
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 8913 Spinning Wheel Ave, Las Vegas, NV, 89143 in Las Vegas at $455,000 earns $2,711/mo in rent and nets $7/mo after the $2,046/mo payment, a 7.15% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $125,708 over five years. Ziffy Mortgage underwrites this on a 1.33 DSCR without U.S. credit history. With $4,191/yr in principal paydown, total projected return reaches $177,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.2% |
| Monthly Cash Flow | $7 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,711 |
| Total Monthly Debt Service | $2,448 |
| DSCR Ratio | 1.11x |
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 2000
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89143, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 4,101 (79.4%) |
| Renter Occupied HU | 947 (18.3%) |
| Vacant Housing Units | 114 ( 2.2%) |
| Median Home Value | $470,161 |
| Average Home Value | $519,564 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
30
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 2000
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89143, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 4,101 (79.4%) |
| Renter Occupied HU | 947 (18.3%) |
| Vacant Housing Units | 114 ( 2.2%) |
| Median Home Value | $470,161 |
| Average Home Value | $519,564 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices