120 Farmington WayFernleyNV89408
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Fernley at 120 Farmington Way, Fernley, NV, 89408 priced at $140,400 pairs $0/mo rent with after a $687/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1% in year one, and rental yield stands at 0% on a $140,400 basis. Equity gained on principal adds $906/yr, and 5% annual appreciation accumulates to $38,790 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $687/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices