217 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 217 Edgewood Ln, Spring Creek, NV, 89815 offers a 10.23% rental yield on a $479,000 purchase with $4,084/mo rent. Total monthly income registers $4,084/mo, and a $2,344/mo payment leaves $1,317/mo available for distribution. Annual cash flow reaches $15,803/yr on $158,789 to close, and return on cash invested stands at 29.86% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 155.66% and total cumulative return in cash at $247,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,084/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.37 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: Angela Sandoval • Keller Williams VIP
Mls Name: ECMLS
Mls ID: #3627005