7306 Summer Grove AveSpring valleyNV89117
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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 Spring valley at 7306 Summer Grove Ave, Spring valley, NV, 89117 listed at $583,888 pairs $5,358/mo rent with a $2,858/mo payment to leave $1,984/mo cash flow. Total monthly income runs $5,358/mo, and annual cash flow reaches $23,811/yr on $192,099 cash to close. Return on cash invested measures 32.46% in year one, and rental yield registers 11.01% at a $583,888 basis. Equity gained on principal adds $3,768/yr, and annual property appreciation at 5% supports $161,317 by year five. Five-year ROI tracks 169.57% and total cumulative return in cash totals $325,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,358/mo property income relative to a $2,858/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89117, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,747 (100%) |
| Owner Occupied HU | 12,007 (48.5%) |
| Renter Occupied HU | 11,684 (47.2%) |
| Vacant Housing Units | 1,056 ( 4.3%) |
| Median Home Value | $534,124 |
| Average Home Value | $615,380 |
Housing Distribution
Address Breakdown
Residential
25,062
Single Family
15,403
Multi-Family
9,659
Businesses
1,430
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Listed by: Melania Sandra • Simply Vegas
Mls Name: LVR
Mls ID: #2750761