256 Tankersley DrSparksNV89436
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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
Rental property for sale in Sparks at 256 Tankersley Dr, Sparks, NV, 89436 generates $2,850/mo in rent, after a $2,411/mo payment. Total monthly income is $2,850/mo. Return on cash invested sits at 19.84% in year one, and rental yield is 6.94% on a $492,500 entry. Equity gained on principal adds $3,178/yr, while 5% annual appreciation builds toward $136,069 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash sums $166,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,850/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
$42 quarterly 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
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Listed by: Savannah Beauchemin • Dickson Realty - Damonte Ranch
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250056578
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