7185 S Durango Dr UNIT 112Spring 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
Rental property for sale in Spring Valley at 7185 S Durango Dr UNIT 112, Spring Valley, NV, 89113 generates $1,807/mo in rent and, after a $1,199/mo payment, leaves $392/mo in cash flow. Total monthly income is $1,807/mo, and annual cash flow is $4,699/yr on $81,218 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 8.85% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 133.35% and total cumulative return in cash sums $108,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,807/mo property income rather than buyer’s personal income.
Condo
Built in 2000
0.64 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: Jennie Kim • Realty ONE Group, Inc
Mls Name: LVR
Mls ID: #2748394