2590 E 5th StSilver SpringsNV89429
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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 Silver Springs at 2590 E 5th St, Silver Springs, NV, 89429 offers a 8.38% rental yield on a $315,000 purchase with $2,200/mo rent. Total monthly income registers $2,200/mo, and a $1,542/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,557/yr on $104,423 to close, and return on cash invested stands at 24.27% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 125.71% and total cumulative return in cash at $131,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,200/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89429, Silver Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,759 (100%) |
| Owner Occupied HU | 2,875 (76.5%) |
| Renter Occupied HU | 552 (14.7%) |
| Vacant Housing Units | 332 ( 8.8%) |
| Median Home Value | $354,694 |
| Average Home Value | $360,224 |
Housing Distribution
Address Breakdown
Residential
3,239
Single Family
3,198
Multi-Family
41
Businesses
146
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Listed by: Kirk Hawkyard • Compass
Mls Name: NNRMLS
Mls ID: #250055780