5251 Lindell Rd UNIT 101Spring ValleyNV89118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5251 Lindell Rd UNIT 101, Spring Valley, NV, 89118 uses $76,245 cash to close to unlock $4,498/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $1,126/mo payment keeps the spread at $375/mo. Purchase price stands at $230,000, and rental yield measures 8.89% with $1,704/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 133.93% and total cumulative return in cash records $102,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1993
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John C. Ballweg • Nevada Realty Connection
Mls Name: LVR
Mls ID: #2700724