1615 Laverder DrFernleyNV89408
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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 1615 Laverder Dr, Fernley, NV, 89408 uses $132,269 cash to close to unlock $2,647/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $2,526/mo, and a $1,953/mo payment keeps the spread at $221/mo. Purchase price stands at $399,000, and rental yield measures 7.6% with $2,526/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 113.04% and total cumulative return in cash records $149,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,526/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,534 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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