1521 Franklin LnBoulder CityNV89005
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 1521 Franklin Ln, Boulder City, NV, 89005 in Boulder City. At $392,400 it earns $2,516/mo in rent and distributes $249/mo to the owner after the $1,764/mo payment, a consistent 7.7% yield. DSCR 1.43 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $108,413 in value; $3,614/yr in principal paydown compounds ownership stake. Total projected return: $164,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.2% |
| Monthly Cash Flow | $249 | $1,850 |
City averages based on Boulder City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,516 |
| Total Monthly Debt Service | $2,111 |
| 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.
Townhouse
Built in 2019
6,098 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
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
Townhouse
Built in 2019
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvette Auger • Real Broker LLC
Mls Name: LVR
Mls ID: #2713181