8070 W Russell Rd Unit 2097Las 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 2097, Las Vegas, NV, 89113 uses $96,135 cash to close to unlock $2,506/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,884/mo, and a $1,419/mo payment keeps the spread at $209/mo. Purchase price stands at $290,000, and rental yield measures 7.8% with $1,884/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 116.28% and total cumulative return in cash records $111,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1995
8,725 sqft 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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