2606 S Durango Dr APT 181Las VegasNV89117
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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 Las Vegas at 2606 S Durango Dr APT 181, Las Vegas, NV, 89117 uses $60,665 cash to close to unlock $4,372/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $896/mo payment keeps the spread at $364/mo. Purchase price stands at $183,000, and rental yield measures 10.83% with $1,652/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 142.68% and total cumulative return in cash records $86,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $896/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89117, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,747 (100%) |
| Owner Occupied HU | 12,007 (48.5%) |
| Renter Occupied HU | 11,684 (47.2%) |
| Vacant Housing Units | 1,056 ( 4.3%) |
| Median Home Value | $534,124 |
| Average Home Value | $615,380 |
Housing Distribution
Address Breakdown
Residential
25,062
Single Family
15,403
Multi-Family
9,659
Businesses
1,430
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Listed by: Ehren Alessi • LIFE Realty District
Mls Name: GLVAR
Mls Provider:
Mls ID: #2693120
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