11616 Neff Ranch Dr,Sparks,NV,89441

Investment Highlights

Investment property for sale in Sparks at 11616 Neff Ranch Dr, Sparks, NV, 89441 offers a 7.79% rental yield on a $712,220 purchase with $4,621/mo rent. Total monthly income registers $4,621/mo, and a $3,486/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,698/yr on $234,320 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $4,596/yr while 5% annual appreciation supports $196,773 over five years. Portfolio math shows five-year ROI at 116.17% and total cumulative return in cash at $272,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,621/mo property income against a $3,486/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.