5855 Valley Dr UNIT 2060North Las VegasNV89031
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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 North Las Vegas at 5855 Valley Dr UNIT 2060, North Las Vegas, NV, 89031 earns $242/mo cash flow from $1,831/mo rent with a $1,346/mo payment. Total monthly income totals $1,831/mo, and annual cash flow totals $2,905/yr on $91,163 capital. ROI tracks 23.1% on current figures, and rental yield reads 7.99% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 119.43% and total cumulative return in cash sums $108,875. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,831/mo property income instead of your personal income.
Condo
Built in 2004
14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89031, North Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,760 (100%) |
| Owner Occupied HU | 18,425 (68.9%) |
| Renter Occupied HU | 7,533 (28.2%) |
| Vacant Housing Units | 802 ( 3.0%) |
| Median Home Value | $417,096 |
| Average Home Value | $434,077 |
Housing Distribution
Address Breakdown
Residential
26,181
Single Family
24,704
Multi-Family
1,477
Businesses
328
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Listed by: Mariel Pamintuan-Esguerra • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls ID: #2709341