2661 Lawry 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 2661 Lawry Dr, Sparks, NV, 89436 generates $2,620/mo in rent and, after a $2,105/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,620/mo, and annual cash flow is $1,622/yr on $142,545 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 7.31% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 108.44% and total cumulative return in cash sums $154,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3,920 sqft lot
$N/A/sqft
No 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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