5142 S Jones Blvd UNIT 102Spring ValleyNV89118
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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 Spring Valley at 5142 S Jones Blvd UNIT 102, Spring Valley, NV, 89118 uses $65,637 cash to close to unlock $5,881/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $969/mo payment keeps the spread at $490/mo. Purchase price stands at $198,000, and rental yield measures 9.9% with $1,634/mo rent. Return on cash invested shows 28.87% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash records $98,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1989
8,476 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89118, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,117 (100%) |
| Owner Occupied HU | 4,915 (37.5%) |
| Renter Occupied HU | 6,706 (51.1%) |
| Vacant Housing Units | 1,496 (11.4%) |
| Median Home Value | $465,489 |
| Average Home Value | $512,721 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
5,363
Multi-Family
4,219
Businesses
3,337
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Listed by: Nancy Li • Keller Williams MarketPlace
Mls Name: LVR
Mls ID: #2742096