4705 Spooners Cove AveNorth Las VegasNV89031
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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 North Las Vegas at 4705 Spooners Cove Ave, North Las Vegas, NV, 89031 generates $3,094/mo in rent, after a $3,157/mo payment. Total monthly income is $3,094/mo. Return on cash invested sits at 16% in year one, and rental yield is 5.76% on a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 81.49% and total cumulative return in cash sums $172,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,094/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Heather Plazek • Real Simple Real Estate
Mls Name: LVR
Mls Provider:
Mls ID: #2711084
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas 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 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)