5314 River Glen Dr UNIT 287Spring 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
Rental property for sale in Spring Valley at 5314 River Glen Dr UNIT 287, Spring Valley, NV, 89103 generates $1,363/mo in rent and, after a $827/mo payment, leaves $387/mo in cash flow. Total monthly income is $1,363/mo, and annual cash flow is $4,641/yr on $56,024 invested. Return on cash invested sits at 28.19% in year one, and rental yield is 9.68% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 146.74% and total cumulative return in cash sums $82,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,363/mo property income rather than buyer’s personal income.
Condo
Built in 1982
8,984 sqft lot
$N/A/sqft
No 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: Patty J. Phoumiphat • Realty ONE Group, Inc
Mls Name: LVR
Mls ID: #2707321