150 E Cedar StFernleyNV89408
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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 150 E Cedar St, Fernley, NV, 89408 with 5% annual appreciation on a $314,900 basis while $2,120/mo rent supports operations. Total monthly income totals $2,120/mo and a $1,541/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,610/yr on $104,389 deployed, and return on cash invested reaches 23.37% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 8.08%. Five-year ROI measures 120.84% and total cumulative return in cash totals $126,142.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,120/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
7,840 sqft 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
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