25 E Penny WaySparksNV89431
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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 Sparks at 25 E Penny Way, Sparks, NV, 89431 at $414,900 posts ROI 21.98% with $238/mo cash flow from $2,635/mo rent. Total monthly income equals $2,635/mo, and annual cash flow records $2,850/yr on $137,539 to close. Return on cash invested measures 21.98% and rental yield reads 7.62% at the current $414,900. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 by year five. Five-year ROI prints 113.42% and total cumulative return in cash totals $156,002.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,635/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89431, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,860 (100%) |
| Owner Occupied HU | 7,074 (42.0%) |
| Renter Occupied HU | 8,987 (53.3%) |
| Vacant Housing Units | 799 ( 4.7%) |
| Median Home Value | $383,516 |
| Average Home Value | $472,222 |
Housing Distribution
Address Breakdown
Residential
15,835
Single Family
12,721
Multi-Family
3,114
Businesses
2,572
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