594 Foster Springs RdSpring ValleyNV89148
Nearby investment properties with comparable rents
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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 594 Foster Springs Rd, Spring Valley, NV, 89148 offers $2,533/mo rent that, after a $2,417/mo payment. Total monthly income is $2,533/mo. Return on cash invested measures 17.56% in year one, and rental yield stands at 6.16% at a $493,800 entry. Equity gained on principal adds $3,186/yr while 5% annual appreciation compounds into $136,428 by year five. Five-year ROI records 89.71% and total cumulative return in cash reaches $146,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,533/mo property income versus a $2,417/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89148, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,801 (100%) |
| Owner Occupied HU | 14,125 (49.0%) |
| Renter Occupied HU | 12,851 (44.6%) |
| Vacant Housing Units | 1,825 ( 6.3%) |
| Median Home Value | $481,772 |
| Average Home Value | $538,743 |
Housing Distribution
Address Breakdown
Residential
25,866
Single Family
19,281
Multi-Family
6,585
Businesses
924
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Nearby investment properties with comparable prices
Listed by: Altagracia Leon • Real Broker LLC
Mls Name: LVR
Mls ID: #2730646