186 Edgewood LnSpring CreekNV89815
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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 Spring Creek at 186 Edgewood Ln, Spring Creek, NV, 89815 listed at $460,000 pairs $2,857/mo rent with a $2,251/mo payment to leave $200/mo cash flow. Total monthly income runs $2,857/mo, and annual cash flow reaches $2,396/yr on $152,490 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 7.45% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 110.72% and total cumulative return in cash totals $168,841. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,857/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
1.48 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
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Listed by: Erica Quintero • Coldwell Banker Excel
Mls Name: ECMLS
Mls ID: #3627267