1034 Anthony LnFernleyNV89408
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 Fernley at 1034 Anthony Ln, Fernley, NV, 89408 uses $152,159 cash to close to unlock $4,027/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $2,988/mo, and a $2,247/mo payment keeps the spread at $336/mo. Purchase price stands at $459,000, and rental yield measures 7.81% with $2,988/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 116.51% and total cumulative return in cash records $177,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,988/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89408, Fernley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,552 (100%) |
| Owner Occupied HU | 6,617 (69.3%) |
| Renter Occupied HU | 2,502 (26.2%) |
| Vacant Housing Units | 433 ( 4.5%) |
| Median Home Value | $369,852 |
| Average Home Value | $401,265 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,996
Multi-Family
98
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices