8840 Spinning Wheel AveLas VegasNV89143
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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 Las Vegas at 8840 Spinning Wheel Ave, Las Vegas, NV, 89143 listed at $390,000 pairs $2,359/mo rent with a $1,909/mo payment to leave $43/mo cash flow. Total monthly income runs $2,359/mo, and annual cash flow reaches $510/yr on $129,285 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 7.26% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 104.64% and total cumulative return in cash totals $135,284. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,359/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
5,227 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89143, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 4,101 (79.4%) |
| Renter Occupied HU | 947 (18.3%) |
| Vacant Housing Units | 114 ( 2.2%) |
| Median Home Value | $470,161 |
| Average Home Value | $519,564 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
30
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Listed by: Merri Perry • Realty ONE Group, Inc
Mls Name: LVR
Mls Provider:
Mls ID: #2698144
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)