4363 Spencer St APT 14Las VegasNV89119
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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 4363 Spencer St APT 14, Las Vegas, NV, 89119 offers a 11.25% rental yield on a $234,000 purchase with $2,194/mo rent. Total monthly income registers $2,194/mo, and a $1,145/mo payment leaves $842/mo available for distribution. Annual cash flow reaches $10,108/yr on $77,571 to close, and return on cash invested stands at 32.94% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 172.23% and total cumulative return in cash at $133,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
8,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Housing Distribution
Address Breakdown
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
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