9070 Spring Mountain Rd APT 109Las VegasNV89117
Nearby investment properties with comparable rents
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 Las Vegas at 9070 Spring Mountain Rd APT 109, Las Vegas, NV, 89117 offers a 9.24% rental yield on a $222,500 purchase with $1,714/mo rent. Total monthly income registers $1,714/mo, and a $1,089/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,926/yr on $73,759 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $1,436/yr while 5% annual appreciation supports $61,473 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $86,968. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,714/mo property income against a $1,089/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89117, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,747 (100%) |
| Owner Occupied HU | 12,007 (48.5%) |
| Renter Occupied HU | 11,684 (47.2%) |
| Vacant Housing Units | 1,056 ( 4.3%) |
| Median Home Value | $534,124 |
| Average Home Value | $615,380 |
Housing Distribution
Address Breakdown
Residential
25,062
Single Family
15,403
Multi-Family
9,659
Businesses
1,430
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Nearby investment properties with comparable prices
Listed by: Sophia Ganatsios • Southwestern Management and Re
Mls Name: LVR
Mls Provider:
Mls ID: #2693902
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)