7135 S Durango Dr UNIT 106, Las Vegas, NV, 89113 | $431/mo Cash Flow

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7135 S Durango Dr UNIT 106, Las Vegas, NV, 89113 | $431/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Las Vegas at 7135 S Durango Dr UNIT 106, Las Vegas, NV, 89113 offers a 9.16% rental yield on a $232,888 purchase with $1,777/mo rent. Total monthly income registers $1,777/mo, and a $1,140/mo payment leaves $431/mo available for distribution. Annual cash flow reaches $5,175/yr on $77,202 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $1,503/yr while 5% annual appreciation supports $64,343 over five years. Portfolio math shows five-year ROI at 138.29% and total cumulative return in cash at $106,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,777/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience an elevated Las Vegas lifestyle in this sought-after gated community! Ideally located, you're right next door to the brand new Durango Casino, the UnCommons, a Smith's Marketplace and many other restaurants & amenities! This two bedroom/two full bathroom condo features an open concept floorplan that seamlessly connects the kitchen, living room and dining area! The primary suite has a spacious bathroom and a large walk-in closet! There's a separate laundry room and all the appliances, including the washer and dryer, are included! There's also a covered patio, the perfect spot to relax and sip on a morning coffee or an evening beverage! Besides the assigned carport, there's also plenty of guest parking available! The Vistana community features two security gates, a fitness center, and not one... not two... but three impeccably maintained community pools & spas! There's even a tennis court! Don't miss out, come see it today!

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