7400 W Flamingo Rd APT 2056Las VegasNV89147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 7400 W Flamingo Rd APT 2056, Las Vegas, NV, 89147 in Las Vegas earns a 9.77% gross yield at $242,500. Rent of $1,974/mo nets $323/mo after the $1,090/mo mortgage. The 1.81 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $66,998 and $2,233/yr in equity accumulation project a total cumulative return of $128,423.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $323 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,974 |
| Total Monthly Debt Service | $1,305 |
| DSCR Ratio | 1.51x |
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.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89147, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 11,731 (50.1%) |
| Renter Occupied HU | 10,564 (45.1%) |
| Vacant Housing Units | 1,126 ( 4.8%) |
| Median Home Value | $438,068 |
| Average Home Value | $470,705 |
Housing Distribution
Address Breakdown
Residential
22,702
Single Family
15,111
Multi-Family
7,591
Businesses
987
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
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89147, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 11,731 (50.1%) |
| Renter Occupied HU | 10,564 (45.1%) |
| Vacant Housing Units | 1,126 ( 4.8%) |
| Median Home Value | $438,068 |
| Average Home Value | $470,705 |
Housing Distribution
Address Breakdown
Residential
22,702
Single Family
15,111
Multi-Family
7,591
Businesses
987
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices