5015 Spencer St UNIT CParadise TownNV89119
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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 Paradise Town at 5015 Spencer St UNIT C, Paradise Town, NV, 89119 earns $143/mo cash flow from $1,631/mo rent with a $1,091/mo payment. Total monthly income totals $1,631/mo, and annual cash flow totals $1,717/yr on $73,891 capital. ROI tracks 22.23% on current figures, and rental yield reads 8.78% at a $222,900 purchase. Equity gained on principal adds $1,438/yr, and 5% annual appreciation supports $61,583 over five years. Five-year ROI reaches 116% and total cumulative return in cash sums $85,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,631/mo property income instead of your personal income.
Townhouse
Built in 1979
0.31 Acres lot
$N/A/sqft
$200 monthly 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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Listed by: Alexis D. Gonzalez • LIFE Realty District
Mls Name: GLVAR
Mls Provider:
Mls ID: #2655147
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