6955 N Durango Dr UNIT 2054Las 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 2054, Las Vegas, NV, 89149 generates $1,418/mo in rent and, after a $954/mo payment, leaves $292/mo in cash flow. Total monthly income is $1,418/mo, and annual cash flow is $3,501/yr on $64,643 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 8.73% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash sums $84,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,418/mo property income rather than buyer’s personal income.
Condo
Built in 2004
4,225 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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