5023 Salt River AveLas VegasNV89139
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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 5023 Salt River Ave, Las Vegas, NV, 89139 generates $1,975/mo in rent, after a $2,031/mo payment. Total monthly income is $1,975/mo. Return on cash invested sits at 15.61% in year one, and rental yield is 5.71% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 79.5% and total cumulative return in cash sums $109,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
3,484 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89139, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,973 (100%) |
| Owner Occupied HU | 10,646 (62.7%) |
| Renter Occupied HU | 5,801 (34.2%) |
| Vacant Housing Units | 526 ( 3.1%) |
| Median Home Value | $508,540 |
| Average Home Value | $555,684 |
Housing Distribution
Address Breakdown
Residential
16,378
Single Family
14,254
Multi-Family
2,124
Businesses
700
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Listed by: Jennifer Bak Connolly • Keller Williams VIP
Mls Name: GLVAR
Mls Provider:
Mls ID: #2695472
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)