2606 S Durango Dr APT 181Las VegasNV89117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 2606 S Durango Dr APT 181, Las Vegas, NV, 89117 in Las Vegas. At $183,000 it earns $1,652/mo in rent and distributes $336/mo to the owner after the $823/mo payment, a consistent 10.55% yield. DSCR 2.01 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $50,560 in value; $1,685/yr in principal paydown compounds ownership stake. Total projected return: $93,572.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.2% |
| Monthly Cash Flow | $336 | $850 |
City averages based on Las Vegas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $1,215 |
| DSCR Ratio | 1.36x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ehren Alessi • LIFE Realty District
Mls Name: GLVAR
Mls Provider:
Mls ID: #2693120
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