224 Morgyn Ln UNIT 6Boulder CityNV89005
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
Investment Highlights
Investment property for sale in Boulder City at 224 Morgyn Ln UNIT 6, Boulder City, NV, 89005 offers a 7.27% rental yield on a $348,900 purchase with $2,114/mo rent. 4% in year one. Equity gained on principal adds $2,251/yr while 5% annual appreciation supports $96,395 over five years. Portfolio math shows five-year ROI at 90.11% and total cumulative return in cash at $104,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,114/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$340 monthly 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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Nearby investment properties with comparable prices
Listed by: Josue Towers Torres • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2694268
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