1303 Darlene Way APT 405BBoulder CityNV89005
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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
Investment Highlights
Investment property for sale in Boulder City at 1303 Darlene Way APT 405B, Boulder City, NV, 89005 uses $65,637 cash to close to unlock $5,989/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $1,643/mo, and a $969/mo payment keeps the spread at $499/mo. Purchase price stands at $198,000, and rental yield measures 9.96% with $1,643/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 151.31% and total cumulative return in cash records $99,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,643/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1982
6,168 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89005, Boulder City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,527 (100%) |
| Owner Occupied HU | 5,085 (67.6%) |
| Renter Occupied HU | 1,579 (21.0%) |
| Vacant Housing Units | 863 (11.5%) |
| Median Home Value | $480,256 |
| Average Home Value | $540,847 |
Housing Distribution
Address Breakdown
Residential
6,984
Single Family
6,470
Multi-Family
514
Businesses
524
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Listed by: Billie J. Williams • iProperties International
Mls Name: LVR
Mls ID: #2738765