7950 W Flamingo Rd UNIT 2065Spring ValleyNV89147
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 Spring Valley at 7950 W Flamingo Rd UNIT 2065, Spring Valley, NV, 89147 uses $80,588 cash to close to unlock $4,815/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $1,806/mo, and a $1,190/mo payment keeps the spread at $401/mo. Purchase price stands at $243,100, and rental yield measures 8.91% with $1,806/mo rent. Return on cash invested shows 25.88% in year one, and 5% annual appreciation builds toward $67,164 over five years. Five-year ROI reaches 134.38% and total cumulative return in cash records $108,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,806/mo property income covering a $1,190/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89147, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 11,731 (50.1%) |
| Renter Occupied HU | 10,564 (45.1%) |
| Vacant Housing Units | 1,126 ( 4.8%) |
| Median Home Value | $438,068 |
| Average Home Value | $470,705 |
Housing Distribution
Address Breakdown
Residential
22,702
Single Family
15,111
Multi-Family
7,591
Businesses
987
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A