5989 Rockway Glen AveEnterpriseNV89141
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
Rental property for sale in Enterprise at 5989 Rockway Glen Ave, Enterprise, NV, 89141 priced at $940,000 converts $5,315/mo rent into after a $4,601/mo obligation. Total monthly income equals $5,315/mo. Return on cash invested prints 18.93% in year one, and rental yield reads 6.79% against a $940,000 entry. Equity gained on principal adds $6,066/yr, while 5% annual appreciation compiles into $259,705 by year five. Five-year ROI reaches 97.28% and total cumulative return in cash sums $300,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,315/mo property income covering a $4,601/mo payment, not borrower’s personal income.
Single Family
Built in 2019
5,662 sqft lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89141, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 12,595 (67.7%) |
| Renter Occupied HU | 4,715 (25.3%) |
| Vacant Housing Units | 1,290 ( 6.9%) |
| Median Home Value | $559,133 |
| Average Home Value | $641,827 |
Housing Distribution
Address Breakdown
Residential
17,529
Single Family
15,446
Multi-Family
2,083
Businesses
162
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Nearby investment properties with comparable prices
Listed by: Kristen Riffle • Simply Vegas
Mls Name: GLVAR
Mls Provider:
Mls ID: #2640418
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