9732 Sapphire Rim AveSpring ValleyNV89148
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 Spring Valley at 9732 Sapphire Rim Ave, Spring Valley, NV, 89148 uses $238,525 cash to close to unlock $33,127/yr annual cash flow and $2,761/mo monthly cash flow. Total monthly income runs $6,950/mo, and a $3,549/mo payment keeps the spread at $2,761/mo. Purchase price stands at $725,000, and rental yield measures 11.5% with $6,950/mo rent. Return on cash invested shows 33.95% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 177.55% and total cumulative return in cash records $423,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,950/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5,662 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: Justin R. Iwase • Easy Street Realty Las Vegas
Mls Name: LVR
Mls ID: #2717172