1860 Medolla Dr, Sparks, NV, 89434 | 6.63% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sparks at 1860 Medolla Dr, Sparks, NV, 89434 offers a 6.63% rental yield on a $475,000 purchase with $2,624/mo rent. 99% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 97.38% and total cumulative return in cash at $153,343. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,624/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 89434, Sparks, NV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,454 (100%)
Owner Occupied HU	7,167 (57.5%)
Renter Occupied HU	4,762 (38.2%)
Vacant Housing Units	525 ( 4.2%)
Median Home Value	$490,172
Average Home Value	$559,981