6955 N Durango Dr UNIT 2115Las 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
Investment property for sale in Las Vegas at 6955 N Durango Dr UNIT 2115, Las Vegas, NV, 89149 offers a 7.86% rental yield on a $265,000 purchase with $1,736/mo rent. Total monthly income registers $1,736/mo, and a $1,297/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,459/yr on $87,848 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 117.32% and total cumulative return in cash at $103,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,736/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
0.43 Acres 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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