9232 Observatory StLas VegasNV89143
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 9232 Observatory St, Las Vegas, NV, 89143 in Las Vegas is a conservative rental investment at $757,467. Rental yield 6.31%. A 1.17 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $209,274; $6,976/yr in principal paydown supplements. Total projected return: $254,336.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 5.2% |
| Monthly Cash Flow | $(496) | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,980 |
| Total Monthly Debt Service | $4,175 |
| DSCR Ratio | 0.95x |
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 2025
5,662 sqft lot
$N/A/sqft
$100 monthly 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 2025
5,662 sqft lot
$N/A/sqft
$100 monthly 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
Listed by: Antoinette Carozza • eXp Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2672566
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