8070 W Russell Rd UNIT 1088Las VegasNV89113
Nearby investment properties with comparable rents
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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 8070 W Russell Rd UNIT 1088, Las Vegas, NV, 89113 generates $1,645/mo in rent and, after a $1,150/mo payment, leaves $56/mo in cash flow. Total monthly income is $1,645/mo, and annual cash flow is $677/yr on $77,903 invested. Return on cash invested sits at 20.78% in year one, and rental yield is 8.4% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 108.29% and total cumulative return in cash sums $84,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Condo
Built in 1994
6,912 sqft lot
$N/A/sqft
$231 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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Listed by: Keith J. Leary • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2672192
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)