8070 W Russell Rd UNIT 1046Las 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
Investment property for sale in Las Vegas at 8070 W Russell Rd UNIT 1046, Las Vegas, NV, 89113 uses $79,626 cash to close to unlock $382/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $1,612/mo, and a $1,176/mo payment keeps the spread at $32/mo. Purchase price stands at $240,200, and rental yield measures 8.05% with $1,612/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $66,363 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash records $84,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,612/mo property income covering a $1,176/mo payment rather than investor’s personal income.
Condo
Built in 1994
2,352 sqft lot
$N/A/sqft
$192 monthly 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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