5260 River Glen Dr UNIT 266Spring ValleyNV89103
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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 5260 River Glen Dr UNIT 266, Spring Valley, NV, 89103 uses $59,670 cash to close to unlock $1,380/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $881/mo payment keeps the spread at $115/mo. Purchase price stands at $180,000, and rental yield measures 9.33% with $1,400/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 116.49% and total cumulative return in cash records $69,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1982
6,146 sqft lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89103, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,117 (100%) |
| Owner Occupied HU | 7,419 (32.1%) |
| Renter Occupied HU | 13,609 (58.9%) |
| Vacant Housing Units | 2,089 ( 9.0%) |
| Median Home Value | $337,810 |
| Average Home Value | $354,100 |
Housing Distribution
Address Breakdown
Residential
21,869
Single Family
10,964
Multi-Family
10,905
Businesses
2,066
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Listed by: Isidro Ruiz • Innova Realty & Management
Mls Name: GLVAR
Mls Provider:
Mls ID: #2621452
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