1365 Lahontan StSilver SpringsNV89429
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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 Silver Springs at 1365 Lahontan St, Silver Springs, NV, 89429 uses $65,969 cash to close to unlock $5,247/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,587/mo, and a $974/mo payment keeps the spread at $437/mo. Purchase price stands at $199,000, and rental yield measures 9.57% with $1,587/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 145.02% and total cumulative return in cash records $95,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,587/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89429, Silver Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,759 (100%) |
| Owner Occupied HU | 2,875 (76.5%) |
| Renter Occupied HU | 552 (14.7%) |
| Vacant Housing Units | 332 ( 8.8%) |
| Median Home Value | $354,694 |
| Average Home Value | $360,224 |
Housing Distribution
Address Breakdown
Residential
3,239
Single Family
3,198
Multi-Family
41
Businesses
146
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Listed by: Sureyya Kahraman • Solid Source Realty
Mls Name: NNRMLS
Mls ID: #250058965