1103 Dixie LnFernleyNV89408
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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 Fernley at 1103 Dixie Ln, Fernley, NV, 89408 earns $19/mo cash flow from $2,759/mo rent with a $2,276/mo payment. Total monthly income totals $2,759/mo, and annual cash flow totals $232/yr on $154,148 capital. ROI tracks 20.06% on current figures, and rental yield reads 7.12% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 103.28% and total cumulative return in cash sums $159,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,759/mo property income instead of your personal income.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
$100 annually 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
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Listed by: Kinsey Avery • RE/MAX Gold
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250052232
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