2225 Selway DrSparksNV89436
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2225 Selway Dr, Sparks, NV, 89436 in Sparks is a stable, well-positioned rental at $594,900. Rental yield 6.04%. DSCR 1.12 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $164,360 in value and $5,479/yr in principal paydown builds equity, a total projected return of $182,342.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(671) | $300 |
City averages based on Sparks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,994 |
| Total Monthly Debt Service | $3,428 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89436, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,310 (100%) |
| Owner Occupied HU | 15,470 (72.6%) |
| Renter Occupied HU | 4,416 (20.7%) |
| Vacant Housing Units | 1,424 ( 6.7%) |
| Median Home Value | $590,813 |
| Average Home Value | $620,489 |
Housing Distribution
Address Breakdown
Residential
19,611
Single Family
17,341
Multi-Family
2,270
Businesses
408
Nearby investment properties with comparable rents
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
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89436, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,310 (100%) |
| Owner Occupied HU | 15,470 (72.6%) |
| Renter Occupied HU | 4,416 (20.7%) |
| Vacant Housing Units | 1,424 ( 6.7%) |
| Median Home Value | $590,813 |
| Average Home Value | $620,489 |
Housing Distribution
Address Breakdown
Residential
19,611
Single Family
17,341
Multi-Family
2,270
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom McDonald • Berkshire Hathaway HomeService
Mls Name: NNRMLS
Mls Provider:
Mls ID: #240014238
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