7139 S Durango Dr Unit 116Las VegasNV89113
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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 7139 S Durango Dr Unit 116, Las Vegas, NV, 89113 generates $1,556/mo in rent and, after a $1,084/mo payment, leaves $276/mo in cash flow. Total monthly income is $1,556/mo, and annual cash flow is $3,316/yr on $73,427 invested. Return on cash invested sits at 24.43% in year one, and rental yield is 8.43% on a $221,500 entry. Equity gained on principal adds $1,429/yr, while 5% annual appreciation builds toward $61,196 over five years. Five-year ROI reaches 126.56% and total cumulative return in cash sums $92,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,556/mo property income rather than buyer’s personal income.
Condo
Built in 2003
0.66 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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