8685 Apostle Beach AveSpring ValleyNV89148
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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 8685 Apostle Beach Ave, Spring Valley, NV, 89148 offers a 7.08% rental yield on a $414,990 purchase with $2,448/mo rent. Total monthly income registers $2,448/mo, and a $2,031/mo payment leaves $50/mo available for distribution. Annual cash flow reaches $605/yr on $137,569 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,654 over five years. Portfolio math shows five-year ROI at 104.67% and total cumulative return in cash at $143,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,448/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
1,306 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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Listed by: Melissa F. Clagg • Serhant
Mls Name: LVR
Mls ID: #2741866