7119 S Durango Dr UNIT 207Spring ValleyNV89113
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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 Spring Valley at 7119 S Durango Dr UNIT 207, Spring Valley, NV, 89113 earns $587/mo cash flow from $2,052/mo rent with a $1,241/mo payment. Total monthly income totals $2,052/mo, and annual cash flow totals $7,045/yr on $84,035 capital. ROI tracks 28.29% on current figures, and rental yield reads 9.71% at a $253,500 purchase. Equity gained on principal adds $1,636/yr, and 5% annual appreciation supports $70,037 over five years. Five-year ROI reaches 147.32% and total cumulative return in cash sums $123,797. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,052/mo property income instead of your personal income.
Condo
Built in 2003
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89113, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,756 (100%) |
| Owner Occupied HU | 9,616 (54.2%) |
| Renter Occupied HU | 6,807 (38.3%) |
| Vacant Housing Units | 1,333 ( 7.5%) |
| Median Home Value | $539,895 |
| Average Home Value | $591,311 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
12,593
Multi-Family
5,441
Businesses
1,070
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Listed by: Inna Mizrahi • American Renaissance Realty
Mls Name: LVR
Mls ID: #2746670