2035 E 7th StSilver SpringsNV89429
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2035 E 7th St, Silver Springs, NV, 89429 in Silver Springs earns a 8.67% gross yield at $319,900. Rent of $2,312/mo nets $464/mo after the $1,516/mo mortgage. The 1.53 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $88,382 and $2,682/yr in equity accumulation project a total cumulative return of $144,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $464 | $420 |
City averages based on Silver Springs market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,312 |
| Total Monthly Debt Service | $1,799 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
4.44 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NNRMLS
Mls Provider:
Mls ID: #260012461
