22 Gallinas DrSpring CreekNV89815
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Nearby investment properties with comparable prices
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
Rental property for sale in Spring Creek at 22 Gallinas Dr, Spring Creek, NV, 89815 offers $4,764/mo rent that, after a $3,916/mo payment, leaves $141/mo cash flow. Total monthly income is $4,764/mo, and annual cash flow is $1,696/yr on $263,200 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 7.15% at a $799,999 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 106.54% and total cumulative return in cash reaches $280,411. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,764/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4.02 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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Nearby investment properties with comparable prices
Listed by: Brigitte Anderson • Real Broker LLC
Mls Name: ECMLS
Mls ID: #3627272