8895 Dartmouth Grove AveSpring ValleyNV89148
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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 8895 Dartmouth Grove Ave, Spring Valley, NV, 89148 uses $324,065 cash to close to unlock $10,835/yr annual cash flow and $903/mo monthly cash flow. Total monthly income runs $6,594/mo, and a $4,821/mo payment keeps the spread at $903/mo. Purchase price stands at $985,000, and rental yield measures 8.03% with $6,594/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 121% and total cumulative return in cash records $392,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,594/mo property income covering a $4,821/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,405 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: Eida M. Fujii • eXp Realty
Mls Name: LVR
Mls ID: #2710603