8970 Drew Valley CtSpring 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 8970 Drew Valley Ct, Spring Valley, NV, 89148 uses $162,435 cash to close to unlock $614/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $2,882/mo, and a $2,398/mo payment keeps the spread at $51/mo. Purchase price stands at $490,000, and rental yield measures 7.06% with $2,882/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 104.34% and total cumulative return in cash records $169,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,882/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2018
3,484 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: Samwyl Benito • Signature Real Estate Group
Mls Name: LVR
Mls ID: #2709109