1129 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 1129 Dixie Ln, Fernley, NV, 89408 with 5% annual appreciation on a $507,000 basis while $3,029/mo rent supports operations. 13% in year one. Equity gained on principal adds $3,272/yr, and five-year appreciation sums $140,075 alongside rental yield of 7.17%. Five-year ROI measures 98.69% and total cumulative return in cash totals $164,613. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,029/mo property income versus a $2,482/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
7,840 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: Steven Foster • eXp Realty
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250055041
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