701 Capri Dr UNIT 18CBoulder CityNV89005
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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 Boulder City at 701 Capri Dr UNIT 18C, Boulder City, NV, 89005 uses $71,239 cash to close to unlock $7,298/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $1,052/mo payment keeps the spread at $608/mo. Purchase price stands at $214,900, and rental yield measures 10.33% with $1,850/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 157.3% and total cumulative return in cash records $112,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1993
10,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89005, Boulder City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,527 (100%) |
| Owner Occupied HU | 5,085 (67.6%) |
| Renter Occupied HU | 1,579 (21.0%) |
| Vacant Housing Units | 863 (11.5%) |
| Median Home Value | $480,256 |
| Average Home Value | $540,847 |
Housing Distribution
Address Breakdown
Residential
6,984
Single Family
6,470
Multi-Family
514
Businesses
524
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Listed by: Kimberly D. Brancacio • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2738938