5250 S Rainbow Blvd UNIT 1063Spring 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 5250 S Rainbow Blvd UNIT 1063, Spring Valley, NV, 89118 offers a 7.71% rental yield on a $309,000 purchase with $1,985/mo rent. Total monthly income registers $1,985/mo, and a $1,512/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,401/yr on $102,434 to close, and return on cash invested stands at 22.25% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 114.91% and total cumulative return in cash at $117,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,985/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
0.37 Acres 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: Jennifer R. Hodsdon • Realty ONE Group, Inc
Mls Name: LVR
Mls ID: #2747711