135 Springfield PkwySpring CreekNV89815
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
Rental property for sale in Spring Creek at 135 Springfield Pkwy, Spring Creek, NV, 89815 priced at $295,000 pairs $1,914/mo rent with $209/mo cash flow after a $1,444/mo payment. Total monthly income equals $1,914/mo, and annual cash flow comes to $2,513/yr on $97,793 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 7.79% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 116.1% and total cumulative return in cash reaches $113,534. For financing, Ziffy Mortgage’s DSCR program evaluates $1,914/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1990
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89815, Spring Creek, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 5,512 (82.7%) |
| Renter Occupied HU | 767 (11.5%) |
| Vacant Housing Units | 390 ( 5.8%) |
| Median Home Value | $341,377 |
| Average Home Value | $375,005 |
Housing Distribution
Address Breakdown
Residential
5,691
Single Family
5,691
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leeann Benavides • LPT Realty, LLC.
Mls Name: ECMLS
Mls ID: #3626365
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.