1003 Sbragia WaySparksNV89431
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
Rental property for sale in Sparks at 1003 Sbragia Way, Sparks, NV, 89431 generates $2,424/mo in rent and, after a $1,850/mo payment, leaves $240/mo in cash flow. Total monthly income is $2,424/mo, and annual cash flow is $2,881/yr on $125,307 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 7.7% on a $378,000 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation builds toward $104,434 over five years. Five-year ROI reaches 114.68% and total cumulative return in cash sums $143,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,424/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89431, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,860 (100%) |
| Owner Occupied HU | 7,074 (42.0%) |
| Renter Occupied HU | 8,987 (53.3%) |
| Vacant Housing Units | 799 ( 4.7%) |
| Median Home Value | $383,516 |
| Average Home Value | $472,222 |
Housing Distribution
Address Breakdown
Residential
15,835
Single Family
12,721
Multi-Family
3,114
Businesses
2,572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices