2552 Cosimo CtSparksNV89434
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.19% yield at 2552 Cosimo Ct, Sparks, NV, 89434 in Sparks is solid, but the $2,787/mo payment compresses net cash flow to $132/mo at $619,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $171,267 by year five, and $5,709/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.33) without U.S. income documentation. Total projected return: $242,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.0% |
| Monthly Cash Flow | $132 | $300 |
City averages based on Sparks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,714 |
| Total Monthly Debt Service | $3,335 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2002
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89434, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,454 (100%) |
| Owner Occupied HU | 7,167 (57.5%) |
| Renter Occupied HU | 4,762 (38.2%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $490,172 |
| Average Home Value | $559,981 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
8,809
Multi-Family
2,743
Businesses
480
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 2002
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89434, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,454 (100%) |
| Owner Occupied HU | 7,167 (57.5%) |
| Renter Occupied HU | 4,762 (38.2%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $490,172 |
| Average Home Value | $559,981 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
8,809
Multi-Family
2,743
Businesses
480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices