7151 S Durango Dr UNIT 307Spring 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 7151 S Durango Dr UNIT 307, Spring Valley, NV, 89113 earns $176/mo cash flow from $1,678/mo rent with a $1,272/mo payment. Total monthly income totals $1,678/mo, and annual cash flow totals $2,117/yr on $86,157 capital. ROI tracks 22.37% on current figures, and rental yield reads 7.75% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 115.52% and total cumulative return in cash sums $99,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,678/mo property income instead of your personal income.
Condo
Built in 2002
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: Sheila R. Pennell • Go Global Realty
Mls Name: LVR
Mls ID: #2744806