5902 Spinnaker Point AveLas VegasNV89110
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 Las Vegas at 5902 Spinnaker Point Ave, Las Vegas, NV, 89110 listed at $520,000 pairs $3,343/mo rent with a $2,545/mo payment to leave $287/mo cash flow. Total monthly income runs $3,343/mo, and annual cash flow reaches $3,444/yr on $171,080 cash to close. Return on cash invested measures 22.07% in year one, and rental yield registers 7.71% at a $520,000 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,666 by year five. Five-year ROI tracks 113.99% and total cumulative return in cash totals $195,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,343/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
10,018 sqft lot
$N/A/sqft
$155 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89110, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,572 (100%) |
| Owner Occupied HU | 13,373 (56.7%) |
| Renter Occupied HU | 9,449 (40.1%) |
| Vacant Housing Units | 750 ( 3.2%) |
| Median Home Value | $341,585 |
| Average Home Value | $386,143 |
Housing Distribution
Address Breakdown
Residential
22,586
Single Family
19,113
Multi-Family
3,473
Businesses
560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luisa M. Victorio-Bolanos • Signature Real Estate Group
Mls Name: GLVAR
Mls Provider:
Mls ID: #2641588
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2024 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/info/mls-disclaimers/#mls_25)