6955 N Durango Dr UNIT 1013Las VegasNV89149
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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
Rental property for sale in Las Vegas at 6955 N Durango Dr UNIT 1013, Las Vegas, NV, 89149 generates $1,662/mo in rent and, after a $979/mo payment, leaves $506/mo in cash flow. Total monthly income is $1,662/mo, and annual cash flow is $6,076/yr on $66,300 invested. Return on cash invested sits at 29.07% in year one, and rental yield is 9.97% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 151.49% and total cumulative return in cash sums $100,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,662/mo property income rather than buyer’s personal income.
Condo
Built in 2004
9,513 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89149, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,446 (100%) |
| Owner Occupied HU | 11,878 (64.4%) |
| Renter Occupied HU | 5,353 (29.0%) |
| Vacant Housing Units | 1,215 ( 6.6%) |
| Median Home Value | $553,539 |
| Average Home Value | $614,481 |
Housing Distribution
Address Breakdown
Residential
17,056
Single Family
14,936
Multi-Family
2,120
Businesses
376
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