231 Dunn LnSpring CreekNV89828
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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 231 Dunn Ln, Spring Creek, NV, 89828 generates $2,392/mo in rent, after a $3,402/mo payment. Total monthly income is $2,392/mo. Return on cash invested sits at 11.54% in year one, and rental yield is 4.13% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 57.39% and total cumulative return in cash sums $131,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
8.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89828, Lamoille, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 61 (100%) |
| Owner Occupied HU | 49 (80.3%) |
| Renter Occupied HU | 8 (13.1%) |
| Vacant Housing Units | 4 ( 6.6%) |
| Median Home Value | $480,769 |
| Average Home Value | $509,184 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
22
Multi-Family
0
Businesses
18
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Listed by: Brandy Anderson • Coldwell Banker Excel
Mls Name: ECMLS
Mls ID: #3626605