255 Sherwood CtStatelineNV89449
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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 Stateline at 255 Sherwood Ct, Stateline, NV, 89449 uses $292,810 cash to close to unlock $7,750/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $5,788/mo, and a $4,356/mo payment keeps the spread at $646/mo. Purchase price stands at $890,000, and rental yield measures 7.8% with $5,788/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $245,891 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash records $343,360. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,788/mo property income covering a $4,356/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89449, Stateline, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,201 (100%) |
| Owner Occupied HU | 919 (41.8%) |
| Renter Occupied HU | 576 (26.2%) |
| Vacant Housing Units | 706 (32.1%) |
| Median Home Value | $966,204 |
| Average Home Value | $1,075,650 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
224
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