8070 W Russell Rd UNIT 2052Spring ValleyNV89113
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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 8070 W Russell Rd UNIT 2052, Spring Valley, NV, 89113 listed at $194,500 pairs $1,403/mo rent with a $952/mo payment to leave $279/mo cash flow. Total monthly income runs $1,403/mo, and annual cash flow reaches $3,350/yr on $64,477 cash to close. Return on cash invested measures 25.11% in year one, and rental yield registers 8.66% at a $194,500 basis. Equity gained on principal adds $1,255/yr, and annual property appreciation at 5% supports $53,737 by year five. Five-year ROI tracks 130.24% and total cumulative return in cash totals $83,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,403/mo property income relative to a $952/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
8,563 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89113, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,756 (100%) |
| Owner Occupied HU | 9,616 (54.2%) |
| Renter Occupied HU | 6,807 (38.3%) |
| Vacant Housing Units | 1,333 ( 7.5%) |
| Median Home Value | $539,895 |
| Average Home Value | $591,311 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
12,593
Multi-Family
5,441
Businesses
1,070
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Listed by: Robert W. Morganti • LIFE Realty District
Mls Name: LVR
Mls ID: #2745804